Meta bet big on the metaverse a few years ago, but it hasn't paid off. Investors on Thursday cheered a report it could slash ...

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...

Meta is reportedly restructuring its Reality Labs and Metaverse organizations as it doubles down on the integration of artificial intelligence across its products, according to a Business Insider ...

Meta Platforms (Nasdaq: META) has faced criticism for investing too heavily in the Metaverse, but the company’s broader business has continued to perform well. During a recent episode of The AI ...

Looking to become an industry leader in both generative artificial intelligence and metaverse gaming, Meta is attempting to develop a generative AI strategy for its virtual reality (VR), augmented ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...

Meta Platforms (NASDAQ:META | META Price Prediction) is once again pouring billions into a futuristic vision, this time with artificial intelligence (AI) at the center. Just a few years ago, the ...

Meta is reportedly considering slashing spending on its metaverse division. Meta’s metaverse division works on the company’s vision for a shared, immersive digital universe where people can socialize, ...

Meta is reportedly planning to cut spending on its metaverse group by up to 30% in 2026, including its Horizon Worlds social VR platform and the Quest virtual reality headset business, according to a ...

Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company executives are mulling slashing the virtual reality platform’s budget by up ...