A blank square of pixels in a virtual metaverse world like The Sandbox can cost as much as a home in the real world. But ...

Meta’s metaverse-building Reality Labs operating losses last year rose 10% to $17.7 billion, taking its total losses since 2020 to over $60 billion. Reality Labs, the research arm of social media ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Matthew Ball estimated that 70% of the second edition of his book The ...