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Meta to Scale Back Metaverse Investments Amidst AI Shift | Bored Ape Yacht Club Metaverse Comeback: Yuga Labs and Otherside | Meta to Scale Back Metaverse Investments Amidst AI Shift | Bored Ape Yacht Club Metaverse Comeback: Yuga Labs and Otherside

Tech / Metaverse

Meta to Scale Back Metaverse Investments Amidst AI Shift

Meta Platforms is reportedly scaling back its investment in the metaverse, signaling a strategic shift towards artificial intelligence (AI). This move comes as the company's Reality Labs unit, responsible for VR/AR technologies, has accumul...

Meta to Scale Back Metaverse Investments Amidst AI Shift Image via CNBC
Meta stock climbs 4% on report of planned metaverse cuts
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