The metaverse has evolved from a single futuristic concept into a broad ecosystem of technologies that power virtual worlds and digital commerce. Read on: ...
Gaming companies have a leg up in the race to build the metaverse. When Mark Zuckerberg announced his company was changing its name from Facebook to Meta late last year, he was met with a range of ...
What failed as consumer hype is reemerging as infrastructure for AI agents, autonomous transactions, and machine-to-machine ...
We live in an age where ostentatious billionaires have the resources (and creative ambition) to make their favorite science fiction ideas come to life. The pandemic rapidly accelerated technological ...
Meta is shifting some of its investments in the metaverse to AI glasses and wearables, hoping to capitalise on the "momentum" in that segment, a company spokesperson has said. Over recent years, Meta ...
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its ...