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Meta will shut down the VR version of Horizon Worlds and transition the platform to mobile-only. The move reflects a broader shift away from metaverse investments toward AI.
Meta plans to lay off roughly 10% of its Reality Labs team, reflecting a shift in focus from metaverse projects to artificial intelligence. The move coincides with broader AI infrastructure investments.
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.