Meta Reportedly Plans Up to 30% Budget Cut for Metaverse Division
Meta may reduce Metaverse funding by as much as 30% amid weak consumer demand and rising AI investment priorities, while regulatory pressure in Europe continues to grow.
Immersive Reality (AR, VR, MR, and XR)
Comprehensive coverage of augmented (AR), virtual (VR), mixed (MX) and extended reality (XR) technologies. Track advances in headsets, software platforms, content creation and enterprise deployments that enable new forms of interaction, training, entertainment and collaboration. This category highlights how immersive technologies are blending digital and physical worlds to redefine user experiences across sectors.
Andrew Tulloch Leaves $12B AI Startup to Join Meta After Turning Down $1.5B Offer
Andrew Tulloch, co-founder of the $12 billion AI startup Thinking Machines Lab, has joined Meta after previously rejecting what reports described as a $1.5 billion offer — a figure Meta has since called ‘inaccurate and ridiculous.’
Comprehensive coverage of augmented (AR), virtual (VR), mixed (MX) and extended reality (XR) technologies. Track advances in headsets, software platforms, content creation and enterprise deployments that enable new forms of interaction, training, entertainment and collaboration. This category highlights how immersive technologies are blending digital and physical worlds to redefine user experiences across sectors.
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