Meta CTO Andrew Bosworth said that cuts to the company's VR effort were "a real loss," but that Meta's investment had to ...
Despite the shift, Meta’s VR efforts are not dead. Its CTO appears to confirm Quest 4 is on the way and that the company is still pouring resources into VR.
Mentions of the "metaverse" were relatively few and far between in Meta's quarterly earnings call this week — we counted a mere seven mentions compared to 23 for "AI" — but the company's investment ...
Meta published its third quarter earnings today, and has recorded a loss of $4.4 billion in its AR/VR Reality Labs division. This is the third reported loss of the year in this segment, with Reality ...
Meta's Q4 2025 was the company's strongest quarter yet, ending an impressively successful financial year but raising questions about 2026 spending.
Meta lost $77 billion in XR. Does that mean XR is dead, or are all the benefits accruing to robotics? And ... maybe ... smart ...
Published rendered that claimed to be based off prototype headsets point to what the Meta Quest 4 or lightweight alternative ...
Despite ongoing losses, Reality Labs reported a 29% revenue increase in the third quarter. Expenses also rose by 19% year-over-year to $4.7 billion, largely due to higher staff-related costs and ...
Meta has laid off about 1,500 employees as Reality Labs narrows its focus. CFO Susan Li says spending will tilt toward wearables, even as virtual reality development continues.
Your email has been sent Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices such as smart glasses. Image generated by Google ...
Coming into the third quarter, Meta's Reality Labs division had lost more than $21 billion since the start of last year. Meta debuted its Quest 3 VR headset in September, pitching it as a technically ...
Meta's Reality Labs division lost $3.7 billion in the third quarter. Meta's recent earnings, posted Wednesday, shows its VR and metaverse push is still bleeding money. Meta said Reality Labs' revenue ...