Meta’s Reality Labs lost $13.7 billion on VR and AR last year

Mentions of the “metaverse” were relatively few and far between in Meta’s quarterly earnings call this week — we counted a mere seven mentions compared to 23 for “AI” — but the company’s investment into its vision of a VR-connected social future remains colossal. Starting in 2021, Meta began breaking out its Reality Labs VR […]

Meta’s Reality Labs lost $13.7 billion on VR and AR last year by Taylor Hatmaker originally published on TechCrunch