The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.

The accumulated losses of Meta’s metaverse wing – Reality Labs – reached US$68.8 billion (£55 billion) last year, according ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta’s total investment in virtual ...

While Reality Labs posted its highest-ever revenue of $ ... with Horizon Worlds given its social media-focused history with Facebook and Instagram, but perhaps 2025 is the year it finally turns ...

Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be profitable, including its Reality Labs division.

Meta is on course to top $100 billion worth of investment into augmented and virtual reality as the social networking firm ...

Meta's Reality Labs division continues to bleed billions ... $25 million to settle a 2021 lawsuit Trump brought on after his Facebook and Instagram accounts were suspended. According to the ...

Facebook's latest push into AI technology intends to place a humanoid assistant in the home, which is immediately problematic given Meta's past with privacy.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta’s total investment in virtual and augmented reality is set to top $100bn this year, as its chief ...