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realitylabs

Reality Labs is a division of Meta Platforms (formerly Facebook) that focuses on developing technologies related to virtual reality (VR), augmented reality (AR), and mixed reality (MR). It is responsible for products and research projects such as the Meta Quest VR headsets, AR devices, and various immersive computing initiatives.
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  1. Meta prepares 30% budget cut to Reality Labs as metaverse focus shrinks

    Meta prepares 30% budget cut to Reality Labs as metaverse focus shrinks

    Meta reportedly plans 30% budget cut to Reality Labs as metaverse ambitions shrink Meta CEO Mark Zuckerberg is preparing to significantly reduce funding for the company’s metaverse division, according to reports indicating that Reality Labs may face budget cuts of up to 30%. The move marks a...
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