Meta will report fourth-quarter earnings, and investors will be looking for any signs that its new AI strategy will benefit ...

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

By Jaspreet Singh Jan 28 (Reuters) - Snap will create an independent subsidiary for its augmented reality smart glasses, as ...

The company's market capitalization has escalated by roughly $173 billion during the last 5 days and now sits at $1.7 trillion.

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

The division — which employs roughly 15,000 people — has a strong presence in the Seattle area and is responsible for the company's "metaverse" technologies that work in conjunction with augmented and ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

A big shakeup at Reality Labs.

The VR dream is dead, but AR glasses may still force us to work two inches from our screens. We were never going to work in ...

Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities to build next-generation AI.

Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company's VR and metaverse ...