Meta is further restructuring its VR/AR hardware department by creating a new unit focused on developing AI-powered humanoid robots designed to assist with physical household tasks, according to an ...

Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...

Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...

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 ...

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 ...

In the fourth quarter of 2024, Meta’s Reality Labs division posted an operating loss of $4.97 billion, with $1.1 billion in sales. Meanwhile, Reality Labs has accumulated an operating loss ...

Notably, Meta posted the strong Q4 report despite continuing to lose a lot of money on Reality Labs, its division focused on artificial intelligence, virtual reality and augmented reality technology.