#AI pivot
Total 2 articles
EconomyEN
Meta's Metaverse Dream Is Over. What Did $100B Buy?
Meta is shutting down Horizon Worlds on Quest VR on June 15. After billions in losses and 1,000+ layoffs, what does the metaverse's quiet collapse mean for the next big tech bet: AI?
TechEN
Meta Reality Labs Layoffs 2026: The $70 Billion Pivot from VR to AI
Meta initiates Reality Labs layoffs 2026, cutting 10% of the division. The company is pivoting from its $70B VR experiment toward AI and mobile-friendly metaverse experiences.
