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Mark Zuckerberg. Justin Sullivan/Getty Mark Zuckerberg's Meta has recorded nearly $50 billion of metaverse losses in under five years. The division's total loss of $47 billion exceeds the market value ...
All the while, the size of its metaverse investment has drawn criticism from some investors and its software efforts in the space have hit numerous roadblocks, according to recent reports. But while ...
Facebook/Meta Mark Zuckerberg's multi-billion dollar metaverse investment has drawn ire from at least one prominent tech investor. Brad Gerstner from Altimeter Capital published an open letter, ...
Meta’s “AI superintelligence” effort sounds just like its failed “metaverse” Zuckerberg and company talked up another supposed tech revolution four short years ago.
Facebook-parent Meta has lost $47 billion in its metaverse division in under five years, a sum that's close to the market value of Chipotle or Target.