Meta Quest VR may be on its last legs, with Mark Zuckerberg committing to "directing most of our investment" towards smart glasses and AI over the next year.
After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...
Meta stock rose after Q4 earnings beat estimates, offsetting big capex spending. Zuckerberg made the case for AI expansion on ...
Its latest earnings report (via TechCrunch) reveals the company burned another $19.1 billion on VR last year. Oh, and at the same time, it is reportedly planning to invest $135 billion in AI this year ...
Mark Zuckerberg envisions AI as the third era of social media, with feeds shifting from human posts to personalized ...
Meta's personal superintelligence dream might come true with the help of all our user data.
The latest earnings results from Meta are in, and it isn't looking too great for its VR division, given the amount of ...
Reality Labs' $6.02 billion operating loss was even worse than the $5.67 billion analysts had been expecting. The segment managed to record $955 million in sales, ...
Meta plans to spend up to $135 billion on AI this year as Zuckerberg says AI will redefine media and social feeds.
Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.
Meta's stock pop following the company's latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.
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