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 ...

Meta Platforms Inc. META reportedly plans to invest $65 million in 2026 to back state politicians who are supportive of the artificial intelligence (AI) industry. The initiative will kick off this ...

Meta is set to release its first smartwatch this year featuring health-tracking and built-in Meta AI, reports The Information. The smartwatch, which would compete directly with Apple Watch and other ...

(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 ...

Mark Zuckerberg's metaverse vision has not taken off despite his conviction that people will one day work and play in virtual worlds Meta Platforms CEO Mark Zuckerberg is expected to cut resources for ...

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.

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 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 ...