To put that in perspective, Meta has spent roughly $60 billion on its Reality Labs division since 2019. Now, Meta wants to spend another $5 billion more than that on AI in one-fifth of the time.
Meta is paying programmers capable of creating virtual reality-related tech abnormally high amounts ranging from $600,000 to ...
The memo underscores Meta’s major investment in the Reality Labs unit—dedicated to developing technologies for future ...
Meta's metaverse and Reality Labs have never really been appreciated by the market. I think this is a fundamental error.
J.D. DURKIN: Reality labs isn't just a money loser. It's a big money loser, isn't it? Can you help us put some perspective, some context behind those numbers, underscoring the fact, of course ...
Reality Labs is Meta’s long-term bet on the future of virtual and augmented reality (VR/AR), which lost $18 billion in 2024. Below is a look at the long-term potential of Meta’s Reality Labs ...
It’s Meta’s latest expansion in the Redmond corridor, a cluster of office outposts along and around Willows Road that are largely focused on Reality Labs. The lease puts Meta in a neighboring ...
After splitting Reality Labs into “Wearables” and “Metaverse” divisionsthis past summer, Meta is further restructuring its virtual reality/augmented reality (VR/AR) hardware department by ...