Meta’s investment in VR and smart glasses on track to top $100bn
Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...
Cryptopolitan on MSN1d
Meta is set to top $100 billion on investment in VR & smart glasses
Meta is on course to top $100 billion worth of investment into augmented and virtual reality as the social networking firm ...
Meta's Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Lawyer Monthly1d
Meta Invests Over $100bn in VR and Smart Glasses Gamble
Meta’s investment in VR and AR surpasses $100bn, with CEO Mark Zuckerberg declaring 2025 a pivotal year for the company’s ...
Zuckerberg promises 'a pivotal year for the metaverse' as its Reality Labs division continues to bleed cash
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta uncharacteristically quiet about $5 billion in VR losses
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
Meta Bets Big on Future of Smart Glasses and AI, Outspends Apple and Amazon on AR/VR
Meta's investment in VR/AR could surpass $100B by 2025, with $80B already spent. It sold 1M Ray-Ban glasses in 2024, with ...
NBC Connecticut7d
Meta's Reality Labs posts $5 billion loss in fourth quarter
Meta CEO Mark Zuckerberg kickstarted his company's VR ... Meta released its latest VR headset, the $299 Quest 3S, during its September Connect event and pitched the device as a way for people ...