Meta is betting big on AI, and some investors are having flashbacks to a previous high-profile spending spree.
Horizon OS was designed to deliver “mixed reality experiences,” and to communicate “social presence” through technologies ...
Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...
As Meta pulls back investment, here's what happened to some of the startups that went all-in on the metaverse.
The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...
Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...
Meta Platforms appears to be scaling back one of the boldest and costliest ambitions in the tech sector with reports ...
There was a very interesting article in the Irish Times a couple of weeks ago concerning Mark Zuckerberg’s retreat from the metaverse after spending $70 billion over four years trying to turn his ...
Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...
Meta's recent actions have given rise to speculation that the company is moving away from the metaverse. To validate this claim, it is important to understand the dynamics behind the metaverse and ...
The virtual world, or metaverse, seems to be on hold as tech companies commit more resources to artificial intelligence technology. The metaverse, a virtual world envisioned by the tech industry for ...
Meta is feeling the heat. Earlier this year, The Washington Post reported that Facebook parent company Meta paid a national consulting firm to place op-eds in local newspapers across the U.S. making ...