Meta stock experienced a massive sell-off a few years ago as the company's foray into the metaverse was ill-received. Meta ...

Researchers at Meta Reality Labs and Stanford University have presented a new type of display that enables ultra-compact VR glasses.

The company's Reality Labs division, which specializes in augmented reality (AR), virtual reality (VR), and metaverse technologies, has lost nearly $45 billion since its inception in 2020.

However, in the same year, Reality Labs had spent a little under $8 billion, giving the whole division an operating loss of $6,600,000,000. That figure was worse in 2021 ($10b loss), 2022 ($10.1b ...

Reality Labs has incurred more than $60 billion in operating losses If you've been following Meta's performance in recent years, you've likely seen the continual losses from the Reality Labs ...

During Q4 2023, Reality Labs lost $4.646 billion, an increase from the $3.742 billion the company lost on Reality Labs during Q3 2023.

For the year ended December 31, Reality Labs lost $16.1 billion, higher than the year before at $13.7 billion. Revenue for Reality Labs was $1.07 billion in Q4, up from $727 million a year ago.

Meta's Reality Labs is exploring all kinds of wearable AI tech, CTO Andrew Bosworth says. Its projects include camera earbuds and mixed-reality goggles. Reality Labs, known for VR and AR, has also ...

Meta Platforms lost $10.2 billion in 2021 on its newly created Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, according to its fourth-quarter ...

As Reality Labs' Losses Keep Growing, Meta Platforms Should Take the Hint From Apple November 04, 2024 — 08:45 am EST Written by Jeremy Bowman for The Motley Fool -> ...

Reality Labs, the Meta unit that develops technology for the metaverse, lost $21.3 billion since January 2022. Operating costs for the unit were also down $3.7 billion last quarter.

Facebook (META) shared its Q3 2022 earnings report today with mention of Reality Labs losing $3.67 billion during the quarter with future losses expected to grow year-over-year.