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

Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out. The first Big Tech layoffs of 2026 have happened. This week, Facebook ...

Meta’s virtual reality ambitions continue to come at a steep cost. The company has revealed that Reality Labs, the division ...

Meta's virtual reality unit, Reality Labs, suffered a staggering $19 billion loss last year, with no signs of improvement for ...

Meta shared these numbers in its Q4 2025 earnings results reporting, which also shared the latest numbers from Meta Reality ...

Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...

Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...

Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively virtual reality development scene. Dozens of developers were laid off, and ...

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

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...