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Meta to Reduce Metaverse Investments Amidst Heavy Losses | Meta to Scale Back Metaverse Investments Amid Restructuring | Meta Smart Glasses Demo Failures: Resource Management and Bugs | Meta Connect 2025: AI-Powered Smart Glasses Take Center Stage | Meta to Reduce Metaverse Investments Amidst Heavy Losses | Meta to Scale Back Metaverse Investments Amid Restructuring | Meta Smart Glasses Demo Failures: Resource Management and Bugs | Meta Connect 2025: AI-Powered Smart Glasses Take Center Stage

Tech / AR and VR

Meta to Reduce Metaverse Investments Amidst Heavy Losses

Meta Platforms, formerly Facebook, is expected to significantly reduce its investment in the metaverse, according to a Bloomberg report. This decision comes as the company's Reality Labs division, responsible for developing VR and AR techno...

Meta to Reduce Metaverse Investments Amidst Heavy Losses Image via Yahoo Finance
Meta to cut up to 30% of Metaverse budget, Bloomberg News reports
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