Meta shifts resources from metaverse to AI glasses amid ...
1 day ago · Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports of lukewarm metaverse reception.
Meta Confirms "Shifting Some" Funding "From Metaverse …
1 day ago · Meta has officially confirmed "shifting some of our investment from Metaverse toward AI glasses and Wearables", following reports of an up to 30% budget cut for parts of Reality …
Meta pivots to AI smart glasses as metaverse bet struggles - BBC
1 day ago · Meta is shifting some of its investments in the metaverse to AI glasses and wearables, hoping to capitalise on the "momentum" in that segment, a company spokesperson has said. …
Meta Slashes Metaverse Budget As Zuckerberg Pivots Hard To AI
18 hours ago · Meta is preparing cuts of up to 30% to its metaverse budget, with layoffs at Reality Labs and a full pivot toward AI superintelligence, smart glasses and data deals.
The metaverse is cooked, and Wall Street couldn’t be happier
1 day ago · In a statement, a Meta spokesperson confirmed that “we are shifting some of our investment” from the metaverse group toward AI glasses and wearables. The stock ended the …
Meta acquiring AI wearable company Limitless - CNBC
22 hours ago · Meta is acquiring AI wearable startup Limitless. Limitless CEO Dan Siroker revealed the deal on Friday in a video and blog post. Several companies offer AI wearables, …
Meta to slash Metaverse budget by 30 per cent, shift focus to ...
1 day ago · Meta to slash Metaverse budget by 30 per cent, shift focus to AI glasses and wearables According to reports first published by Bloomberg, Meta executives have discussed …