Mark Zuckerberg’s metaverse vision has not taken off despite his conviction that people will one day work and play in virtual worlds.
Mark Zuckerberg plans to reduce resources for Meta's metaverse projects, potentially cutting the budget by 30% next year.
Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ...
Citing people familiar with the discussions, Bloomberg reported on Dec. 4 that the budget cut can be up to 30%. Executives at the tech giant are reviewing plans that could reduce Reality Labs’ 2026 ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...
Zuckerberg’s bet on immersive online worlds has lost the company more than $77 billion since 2020.
Mark Zuckerberg’s soup is hand-cooked. OpenAI’s soup comes from a high-end Korean restaurant. It’s soup for the AI soul.
Meta stock shot up 5.7% in early New York trading on Thursday after internal discussions revealed that Mark Zuckerberg is preparing to massively reduce ...
Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its "metaverse" projects next year.
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...
Meta Platforms (META) shares are rallying after Bloomberg reported that CEO Mark Zuckerberg is preparing to make sharp cuts to the company’s metaverse operations.