Meta expected to invest $100 billion in VR and smart glasses
Many companies are investing heavily in headsets and smart glasses. However, Meta is expected to take the cake. According to ...
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You thought AR and VR were expensive? Wait 'til you see what Meta wants to spend on AI this year
Meta is spending more money than ever and laying off thousands of employees to achieve its goals in AI leadership, and that's ...
Meta’s investment in VR and smart glasses on track to top $100bn
Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...
Meta Dives Deep into VR and Smart Glasses with $100B Investment
Meta (META) is making a significant push into virtual reality (VR) and smart glasses, with its investments expected to exceed ...
EssilorLuxottica to Ramp Up Smart Glasses Production in Power Play with Meta
EssilorLuxottica SA (FR:EL) has announced plans to ramp up its smart glasses production capacity for Ray-Ban Meta (META) smart glasses, aiming ...
Meta Pours $20 Billion Into AR/VR as Smart Glasses Sales Climb
Meta doubles down on AR/VR, with a $20 billion investment, a new Ray-Ban smart glasses launch, and strong investor confidence ...
Meta says it's now or never for mixed reality as Android XR threat looms
Recently, Meta CEO Mark Zuckerberg reported on the state of its AI smart glasses in a leaked all-hands meeting, with the ...
Meta Will Reportedly Flood the Market With AI Wearables in ‘Year of Greatness’
With Ray-Ban Meta’s popularity, Meta execs claim they will finally fulfill the promise of Horizon Worlds with more AI ...
Meta May Finally Have a Product Hit. Is It a Game-Changer For the Stock?
Advertising makes up nearly all of Meta's revenue, and that's been the case for its entire history. In 2024, Meta generated ...
Mark Zuckerberg Thinks Meta Could Sell ‘Billions’ of AI Glasses
In both public and private, Meta CEO Mark Zuckerberg extols the future of AR even while staff worry about him getting in bed ...
The Financial Times11d
Meta’s investment in VR and smart glasses on track to top $100bn
The unit develops its Ray-Ban Meta smart glasses, which Zuckerberg last week called a “real hit”, as well as its Quest VR headsets, which have been slower to take off. The company sold 1mn ...
Android7d
Meta expected to invest $100 billion in VR and smart glasses
According to a recent report from the Financial Times, Meta could end up investing as much as $100 billion in VR and smart glasses this year. Based on Meta’s latest annual report, the company ...