Meta is shaking up Reality Labs and integrating it more closely with its core business. Chief technology officer Andrew Bosworth announced a series of reorgs in a post on Meta's internal forum ...
Meta’s Reality Labs division houses its metaverse and XR groups, and some of its AI initiatives. During its Q4 2024 earnings call, Meta revealed that Reality Labs reached a record $1.08 billion ...
After splitting Reality Labs into “Wearables” and “Metaverse” divisionsthis past summer, Meta is further restructuring its virtual reality/augmented reality (VR/AR) hardware department by ...
Meta's Reality Labs beat nearly all its sales and user targets for 2024, Business Insider has learned. The company's chief technology officer, Andrew Bosworth, announced Reality Labs grew 2024 ...
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta boss Mark Zuckerberg says 2025 is the year for the metaverse.
The Q4 2024 loss posted by Reality Labs is the biggest yet since Meta began reporting Reality Labs as its own segment in Q4 2020. Since then, Meta has lost at least $2 billion a quarter, with ...
If an internal company memo accessed by Reuters is to be believed, the California-based tech conglomerate is setting up a new division as part of its Reality Labs unit to develop humanoid robots ...
To put that in perspective, Meta has spent roughly $60 billion on its Reality Labs division since 2019. Now, Meta wants to spend another $5 billion more than that on AI in one-fifth of the time.
Meta Quest 3(S) advances, 2025 critical for Reality Labs, and Batman surpasses one million users. Here are the XR highlights of the week. Each week, our XR Update brings you the most significant XR ...
As Frieze Los Angeles shines a spotlight on art in the city, one community, long facing institutional apathy, calls for marking its memories in the public mind. By Sam Lubell Christie’s ...
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