Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
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 has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...
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 ...
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 ...
The company has been focusing on growing its Reality Labs division which has been developing the Ray-Ban Meta smart glasses and Quest VR headsets – and now the Financial Times reports Meta’s ...
Andrew Bosworth said Meta needed to "drive sales, retention, and engagement" for mixed reality. He added Reality Labs planned to launch half a dozen more AI-powered wearable products. Meta's chief ...
Meta is reportedly planning to invest $20 billion in its Reality Labs unit that is responsible for making the company’s Ray-Ban Meta smart glasses. On the company’s recent earnings call with ...
Shares were cratering back in 2022 due to Meta Platforms investing in its Reality Labs segment, which is very capital intensive and likely will take over a decade to generate profits, if ever.
Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success was highlighted by strong sales in wearables and holiday demand for ...
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