Meta Platforms (META) is planning to spend $20 billion this year on developing augmented and virtual reality technologies for ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...
Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 ...
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.
Billionaire and Scale AI CEO Alexandr Wang told CNBC's "Squawk ... as top of the leaderboard. The reality is yes and no. So, you know, the Chinese labs, they have more H-100s than people think ...
In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets ...
Meta's Reality Labs investment, including Ray-Ban smart glasses and Quest VR headsets, is set to hit $100 billion.