
Meta Cuts Reality Labs: Is the Metaverse Dream Fading?
Meta is significantly scaling back its metaverse ambitions, laying off approximately 1,500 Reality Labs employees and shuttering VR game studios, signaling a strategic shift towards AI. This reversal follows Meta's 2021 rebrand and heavy investment in VR, including the Horizon Worlds app, driven by the vision of a metaverse-centric social platform, but the company is now prioritizing AI development amidst evolving tech trends.


















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