#ai-shift

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Silicon Valley
from24/7 Wall St.
5 days ago

4 Years After Going All-In, Meta Platforms Is Finally Ditching the Metaverse

Meta is sharply cutting metaverse spending after massive Reality Labs losses, shifting focus toward AI and more promising technologies.
Gadgets
fromThe Verge
5 days ago

Meta could axe up to one-third of its 'metaverse' budget next year

Meta plans up to 30% cuts to metaverse spending, targeting Reality Labs' Quest and Horizon Worlds, with possible staff layoffs and a shift toward AI.
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