Meta's Reality Labs unit ventures into robotics with ex-Cruise CEO at the helm
“The core technologies we’ve already invested in and built across Reality Labs and AI are complementary to developing the advancements needed for robotics,” Andrew Bosworth, chief technology officer of Meta, wrote in a memo obtained by Bloomberg.
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 ...
Meta is shaking up Reality Labs and integrating it more closely with its core business. Chief technology officer Andrew Bosworth announced a series of reorgs in a post on Meta's internal forum ...
Reality Labs has been viewed as a money sink for the company, with Meta’s investments in its next-level projects exceeding $50 billion over the past four years. But Meta’s view is that this is ...
It wasn’t a small amount. In fact, Reality Labs lost around $17.7 billion throughout the whole year. Meta reported on its Q4 2024 earnings results on its investor relations website this week.
Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...
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