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, ...

The “Metaverse” isn’t what it used to be. Meta Platforms is expected to cut resources from the virtual reality initiative ...

OpenAI's research chief, Mark Chen, told author Ashlee Vance that the company is "always under attack" by rivals trying to ...

Mark Zuckerberg’s soup is hand-cooked. OpenAI’s soup comes from a high-end Korean restaurant. It’s soup for the AI soul.

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 ...

The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed ...

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 ...

Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual ...