Meta Is Looking to Get Into the AI Humanoid Robot Business
Facebook’s parent company Meta Platforms has moved beyond trying to connect humans and is ready to focus on building robotic ones. According to a report from Bloomberg, Meta is planning to pour money into a new project to build AI-powered humanoid robots.
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Meta's CTO said the metaverse could be a 'legendary misadventure' if the company doesn't boost sales, leaked memo showsIn a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's ...
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Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
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Meta’s Reality Labs Posts $5 Billion Loss for Q4 2024Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The company reported its Q4 2024 earnings on Wednesday and revealed Reality Labs ...
Reality Labs has been viewed as a money sink for the company, with Meta’s investments in its next-level projects exceeding $50 billion over the past four years. But Meta’s view is that this is ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
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