3 results for "reality labs"
CNBC — TECH
Meta’s Reality Labs lost over $4 billion in first quarter
In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while bringing in $402 million in sales.…
THE VERGE
Meta lost 20 million users last quarter
Reality Labs isn’t doing well either.…
TECHCRUNCH
Meta is still burning money on AR/VR
Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.…