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

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 company's Reality Labs division--which comprises virtual and augmented reality consumer hardware, software, and ...

Almost one-third of the cuts will take place at the tech giant’s offices in Redmond, which house its augmented reality division.

The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...

Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

Meta's Q4 2025 was the company's strongest quarter yet, ending an impressively successful financial year but raising questions about 2026 spending.

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off hundreds in California.