After years of failing to produce a profitable augmented reality platform, Mark Zuckerberg’s Meta is pounding one of the final nails into the coffin of its metaverse efforts — the ones that were once ...

Meta's AI bet is no longer about ambition -- it's about execution. Llama gives Meta strategic optionality, but adoption is the real test. Meta's scale is its biggest advantage, provided it can move ...

Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its investment away from metaverse products. "We said last month that we were ...

Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person workforce — as early as this week as the company pivots hard toward artificial ...

Meta is eliminating more than 1,000 jobs in its Reality Labs unit, which works on virtual reality. Meta began notifying affected workers about layoffs starting on Tuesday morning. According to a Meta ...

The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...

Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on building artificial intelligence. By Mike Isaac and Eli Tan Reporting from ...

Meta has cut a trio of deals to power its artificial intelligence data centers, securing enough energy to light up the equivalent of about 5 million homes. The parent company of Facebook on Friday ...

Meta today announced three deals to provide its data centers with nuclear power: one from a startup, one from a smaller energy company, and one from a larger company that already operates several ...

Meta Platforms (META) grew Q3 revenue 26% to $51.2B on strong ad demand. Meta issued $30B in bonds to fund $70B+ AI capex. Meta’s AI-powered Advantage+ ad campaigns generated $60B in annual run rate ...