Meta Platforms is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company. The proposed changes are part of Meta’s annual budget planning for ...
(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...
Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels. If ...
Andy is a seasoned technology journalist with more than 15 years experience in the mobile industry, writing for Digital Trends, Wired, and more. During that time he has reviewed hundreds of ...
Meta, the tech giant, has unveiled an ambitious plan to invest a staggering $600 billion in the United States, with a strategic focus on AI data centers. This initiative, announced on November 7, 2025 ...
Meta CEO Mark Zuckerberg made the case for his company's continued AI expansion — and its need to continue scaling infrastructure — after Meta's fourth-quarter earnings on Wednesday included a revenue ...