Facebook owner Meta has opened a £12million audio research laboratory in Cambridge as it steps up its work on AI-powered ...

Meta CEO Mark Zuckerberg has reorganized the company's artificial intelligence efforts under a new division called Meta ...

While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't ...

Meta explored acquiring AI video startup Runway before investing $14.3 billion in Scale AI, securing a 49% stake and bringing ...

Meta Platforms is laying off more than 100 people across its Reality Labs division focused on creating virtual-reality (VR) and wearable devices, according to a person familiar with the matter ...

However, despite the proliferation of Meta's AI tools, the losses from Reality Labs are only growing, and the company expects them to continue to grow in 2025 as well. Apple dials back the Vision Pro ...

Facebook reported $39.07 billion in revenue for Q2 2024, which makes the Reality Labs losses a little easier for the company to stomach, clearly. For more on Facebook and its financial reporting ...

Meta's Reality Labs division has lost nearly $50 billion in the last five years. Yahoo Finance spoke to several former employees about what's happening inside Mark Zuckerberg's virtual world.

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means ...

Facebook's Andrew Bosworth, who serves as vice-president of the company's augmented reality and virtual reality divisions, announced the acquisition in a post on the social network. The New York ...

Facebook (META) has shared its earnings report for Q4 2022, and included in the report are details on how Reality Labs lost a sizable $13.7 billion in 2022. In addition, it’s noted that a layoff ...

Facebook parent company Meta Platforms Inc. will continue to devote about 20% of its overall costs and expenses to Reality Labs in 2023, despite questions about the business division focused on ...