When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to life. In a press release at the time, the company said ...

Looking to become an industry leader in both generative artificial intelligence and metaverse gaming, Meta is attempting to develop a generative AI strategy for its virtual reality (VR), augmented reality (AR) and mixed reality (MR) game offerings ...

Discover what is a metaverse. Explore its core infrastructure, current state, use cases, prospects, and ability to drive business transformations.

Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company executives are mulling slashing the virtual reality platform’s budget by up to 30%, the report said, adding that any reductions ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting down several VR game studios, according to The Wall ...

Meta Platforms (NASDAQ:META | META Price Prediction) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part to a calming of the tech and AI waters, as well as recent news that the firm is looking to trim its ...