Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...
Cryptopolitan on MSN
Meta cut 1,000 Reality Labs jobs, shifting focus from VR to AI
Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...
The Daily Overview on MSN
Meta's $70B VR bet implodes and 1,500 workers are suddenly out of a job
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
The VR dream is dead, but AR glasses may still force us to work two inches from our screens. We were never going to work in ...
The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...
Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
A big shakeup at Reality Labs.
Cryptopolitan on MSN
Meta winds down metaverse business with VR studio closures, job cuts
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
Curran estimates that between 70% and 80% of all virtual reality revenue comes from the Meta store, meaning that the company's decision to reduce focus on the VR business has a detrimental effect on ...
In light of Reality Labs’ reorganization, which has seen recent internal studio closures and layoffs, Oculus founder Palmer ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
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