Meta's Reality Labs investment, including Ray-Ban smart glasses and Quest VR headsets, is set to hit $100 billion.
Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...
Meta is on course to top $100 billion worth of investment into augmented and virtual reality as the social networking firm ...
Meta (META) is making a significant push into virtual reality (VR) and smart glasses, with its investments expected to exceed ...
Meta doubles down on AR/VR, with a $20 billion investment, a new Ray-Ban smart glasses launch, and strong investor confidence ...
Meta Platforms (META) is planning to spend $20 billion this year on developing augmented and virtual reality technologies for ...
Meta's investment in VR/AR could surpass $100B by 2025, with $80B already spent. It sold 1M Ray-Ban glasses in 2024, with ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...
Mark Rabkin is leaving Meta and transferring power to Ryan Cairns who previously headed up Portal and Meta for Work ...
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
Meta expects revenue to be in the range of $39.5 billion to $41.8 billion. A mid-point of analyst estimates stood at $41.73 ...