Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban smart glasses.
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.
Forbes contributors publish independent expert analyses and insights. Cortney Harding is an expert in VR, AI, and the future of work. Just under three years later, Bloomberg is reporting that Meta ...
Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.
Meta is reportedly planning steep cuts to its metaverse division, according to Bloomberg. This is happening just a few years after the company changed its name from Facebook to reflect its renewed ...
The industrial metaverse is more than a futuristic concept—it’s already transforming how businesses design, operate and scale physical systems in virtual environments. By blending digital twins, AI ...
Meta reorganizes its metaverse unit, shifting Vishal Shah to its AI division, per an internal memo. Gabriel Aul and Ryan Cairns now lead Meta's metaverse efforts, focusing on VR and mobile. Meta CTO ...
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
In a memo to employees earlier this week, Meta CEO Mark Zuckerberg shared a vision for a near-future in which “personal [AI] superintelligence for everyone” forms “the beginning of a new era for ...
The Roundhill Ball Metaverse ETF offers exposure to companies advancing the metaverse, spanning infrastructure, software, and user interface technologies. METV is a capital appreciation vehicle, ...