Although Reality Labs continues to be an ongoing miss for Meta, the company's other divisions are putting up strong numbers.

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

A big shakeup at Reality Labs.

The division — which employs roughly 15,000 people — has a strong presence in the Seattle area and is responsible for the company's "metaverse" technologies that work in conjunction with augmented and ...

Meta is turning its focus from virtual reality as it redirects investment towards artificial intelligence and wearables.

Meta Platforms is permanently laying off 331 workers, according to the Washington Employment Security Department.

The company's market capitalization has escalated by roughly $173 billion during the last 5 days and now sits at $1.7 trillion.

By Jaspreet Singh Jan 28 (Reuters) - Snap will create an independent subsidiary for its augmented reality smart glasses, as ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...