Well, there goes the metaverse!

The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta's Reality Labs cuts sparked fears of a 'VR winter'

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

Hundreds set to be laid off from Meta's Reality Labs division

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...
AOL

Oculus founder Palmer Luckey compares Facebook's metaverse to a 'project car,' with Mark Zuckerberg pursuing an expensive passion project that no one thinks is valuable

Luckey founded Oculus and sold it to Facebook for $2 billion in 2014. He wants the metaverse to be built, but says Facebook's current product Horizon is "not good." Still, Luckey sees the possibility ...

Meta Quest Future Isn’t As Dark As Made Out, Says VR Pioneer

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

Meta Reportedly Cutting About 1,500 VR and AR Jobs Amid Renewed Push to Become an AI Juggernaut

AI infrastructure will provides Meta with a "strategic advantage," Zuckerberg said. He once said almost the exact same thing ...
Cryptopolitan on MSN

Meta winds down metaverse business with VR studio closures, job cuts

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...

Meta cuts hundreds of California jobs in pivot from metaverse to AI

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
VentureBeat

What went wrong with ‘the Metaverse’? An insider’s postmortem

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...