Meta and Microsoft are now spending roughly 30% of their annual revenues on capital expenditures. What are they hoping to get ...

For its part, the head of Meta's Reality Labs arm weighed in on the issue in a December blog post, "Accelerating the Future: AI, Mixed Reality and the Metaverse" where Orion augmented reality (AR) ...

Western New England University is boosting its offerings with augmented reality, with university leadership touting an ...

Saint Mark's School, an independent Episcopal school based in Altadena specializing in early childhood and elementary education, today announced that it has partnered with EF Academy, a private day ...

Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...

Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...

Meta is shaking up Reality Labs and integrating it more closely with its core business. Chief technology officer Andrew Bosworth announced a series of reorgs in a post on Meta's internal forum ...

The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.

Meta’s Reality Labs division houses its metaverse and XR groups, and some of its AI initiatives. During its Q4 2024 earnings call, Meta revealed that Reality Labs reached a record $1.08 billion ...