"[Will] shutter its metaverse projects." Mark Zuckerberg rumored to make dramatic move amid bid to focus on AI projects: ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...

Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

"I’m going to get kicked out in three days, so we need to go on a date quickly," Zuckerberg told Priscilla Chan at the time.

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...

OpenAI's research chief, Mark Chen, told author Ashlee Vance that the company is "always under attack" by rivals trying to ...

Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual ...

How do we know this? Well, Mark Chen, who is the Chief Research Officer at OpenAI, confirmed the same during a podcast with Ashlee Vance. So, while Meta has a lot of backing at its bay with a $10B ...

Reality Labs encompasses several areas of Meta's VR/AR business, but Bloomberg writes that two of them will be hit hardest: Horizon Worlds and virtual reality. Zuckerberg ...

Sen. Bernie Sanders slammed soaring billionaire wealth as new Bank of America data shows many lower-income Americans still ...