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 ...

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 ...

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 ...