Meta is planning to slash the budget of the Metaverse team, but still remains focused on hardware like AI glasses.

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...

Meta is reportedly slashing its Metaverse budget by up to 30% for 2026, signaling a potential shift away from its ambitious ...

AI pioneer Geoffrey Hinton warns tech billionaires like Musk and Zuckerberg are rushing AI development, risking mass job ...

Meta's metaverse was doomed from the very start. Is Mark Zuckerberg now putting virtual worlds out of their misery?

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...

How do we know this? Well, Mark Chen, who is the Chief Research Officer at OpenAI, confirmed the same during a podcast with Ashlee Vance. So, while Meta has a lot of backing at its bay with a $10B ...

Mark Zuckerberg’s metaverse vision has not taken off despite his conviction that people will one day work and play in virtual ...

Meta is preparing to slash up to £52 billion from its Metaverse budget as Mark Zuckerberg shifts Facebook's parent company ...

Famous artists named Beeple showcase controversial art that turned billionaires into hyperrealistic robot dogs.

Alex Prager recreates Hollywood, Mark Zuckerberg is transformed into a robotic dog and Kid Cudi debuts a documentary ...

Reality Labs encompasses several areas of Meta's VR/AR business, but Bloomberg writes that two of them will be hit hardest: Horizon Worlds and virtual reality. Zuckerberg ...