Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...
The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan ...
Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...
Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...
The heaviest hit facility is the Reality Labs office in Redmond, followed by the Spring District office in Bellevue, ...
Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...
Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...
Meta is shifting gears as a bold business venture faces significant challenges.
Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...
(Reuters) -Facebook parent Meta Platforms put profit from its virtual-reality platform over safety, two former researchers told a Senate panel on Tuesday. Former Meta user experience researcher Cayce ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...