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Tech · Video brief

Meta is still burning money on AR/VR

Meta's Reality Labs is deep in the red with a $4 billion loss, adding to $83.5 billion in total losses since 2021. Despite soaring revenues, Meta shifts focus from the metaverse to AI, planning massive investments by 2026. Investors remain...

TechCrunch· Apr 30, 2026 · 8:50 AM · 46 views

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Meta's Reality Labs is deep in the red with a $4 billion loss, adding to $83.5 billion in total losses since 2021. Despite soaring revenues, Meta shifts focus from the metaverse to AI, planning massive investments by 2026. Investors remain cautious as future plans stay unclear. #Meta #AR #VR #AI #TechNews

Originally reported by TechCrunch. Read the full story →

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