Meta's metaverse and Reality Labs have never really been appreciated by the market. I think this is a fundamental error.

The memo underscores Meta’s major investment in the Reality Labs unit—dedicated to developing technologies for future ...

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 reported operating losses for Reality Labs of approximately $5 billion last quarter. The company continues to attract VR employees with outrageous salaries. What To Know: According to a ...

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 ...

Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's Reality Labs division needs to turn things around in a big way in 2025 ...

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 ...