Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

The cuts are part of broader reductions inside Reality Labs, the company's virtual- and augmented-reality division, as Meta redirects resources toward artificial intelligence.

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...

The company's Reality Labs division--which comprises virtual and augmented reality consumer hardware, software, and ...

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

Almost one-third of the cuts will take place at the tech giant’s offices in Redmond, which house its augmented reality division.

The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...

Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...

By Jaspreet Singh Jan 28 (Reuters) - Snap will create an independent subsidiary for its augmented reality smart glasses, as ...