Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
Meta's Reality Labs division beat nearly all its sales and user targets for 2024, internal memo says
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...
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Interesting Engineering on MSNMeta to develop AI-driven humanoid robots under new Reality Labs division: MemoMeta is launching a dedicated division within Reality Labs to develop AI-powered humanoid robots designed to perform various physical tasks.
Meta has confirmed plans for a new venture that will see the creation of a new department tasked with the development of ...
It wasn’t a small amount. In fact, Reality Labs lost around $17.7 billion throughout the whole year. Meta reported on its Q4 2024 earnings results on its investor relations website this week.
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 ...
Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter. Meta CEO Mark Zuckerberg kick-started his company's virtual ...
Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's Reality Labs division needs to turn things around in a big way in 2025 ...
Leaked memo from Meta's CTO teases a big year for Reality Labs Meta could launch several AI wearables, and new mixed-reality apps The memo says 2025 will decide if Reality Labs' efforts "will go ...
Meta's Reality Labs division achieved a significant milestone in Q4 2024, generating $1.1 billion in sales, primarily driven by the success of the Meta Quest 3 headset. This impressive figure ...
Overall, 96% of Meta's revenue comes directly from its ad business, although some departments are starting to contribute to the company’s monetary intake. Reality Labs, in particular ...
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