Mark Zuckerberg says he is absolutely not abandoning the metaverse as company division loses $4 billion
on Wednesday."So I just want to say upfront that, that's not accurate. We've been focusing on both AI and the Metaverse for years now, and we will continue to focus on both."
"Building the metaverse is a long term project, but the rationale for it remains the same and we remain committed to it," he added, noting that AI investment was needed to develop the technology powering the metaverse., the division that houses Meta's AR and VR units, including the metaverse and its Oculus Quest headsets, reported a $4 billion operating loss in the three months to March 31, slightly lower than the $4.
"We continue to expect Reality Labs operating losses to increase year-over-year in 2023," Meta said in its
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