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Meta Unveils New AI-Powered Smart Glasses, Continuing Metaverse Push
Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.
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Meta Connect 2025 Tomorrow: How to Watch Livestream, Expected Announcements
Meta Connect 2025 is set to kick off tomorrow (Thursday). It is the company’s annual event where it showcases its latest hardware developments, AI solutions, and metaverse technologies. At Connect 2025, Meta is reported to announce a new pair of smart glasses with a built-in display. It could also introduce the rumoured Oakley Meta Sphaera, geare...
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Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
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Meta's Motivo AI Model Could Deliver More Lifelike Digital Avatars: Here's How it Works
Meta has released an AI model called Meta Motivo. The model, that can control the body movements of digital avatars, is expected to make the overall metaverse experience better.
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China’s Alibaba has Reportedly Slashed Jobs in Metaverse Division
Alibaba is slashing dozens of jobs from its metaverse division, as per a report by the South China Morning Post (SCMP). The report suggests that the job cuts from Alibaba’s Yuanjing unit are impacting teams in Shanghai and Hangzhou.
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Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
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How Meta's Hyperscape Transforms Phone Cameras into Gateways to the Metaverse: Explained
In a recent demo of Hyperscape, Zuckerberg described it as “pretty wild.” He explained, "We're working to bring photorealistic avatars and environments into the metaverse. This is Hyperscape. With your phone, you can scan a room and recreate it in the metaverse."
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Mark Zuckerberg’s Metaverse Gamble Pays Off With $201 Billion Fortune
Buoyed by a record-high Meta Platforms Inc. share price, Zuckerberg’s net worth has climbed almost sixfold in less than two years to $201 billion (roughly Rs. 16,86,617 crore), the first time he’s exceeded the $200 billion mark (roughly Rs. 16,78,226 crore), according to the Bloomberg Billionaires Index. He’s moved to fourth place on the list...
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Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs
Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse
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Meta Restructures Reality Labs Team, Forms Two Separate Divisions for Metaverse, Wearables: Report
Meta has reportedly divided its Reality Labs team into two separate entities where one team will work on the metaverse-focussed Quest headsets whereas the other will dedicate its time on hardware wearables.
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Privacy, Wearables, and Building a Secure Web3 Ecosystem: Interview With Mai Labs
Mai Labs recently launched Mayaaverse, a metaverse platform that aims to set itself apart from Meta’s Reality Labs initiative. Gadgets360 spoke with Ashish Minocha, the Chief Business Officer as well as Khoushik Ananth, the Chief Technology Officer of Mai Labs to discuss the potential of the Web3 sector and metaverse platforms.
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Meta Records 16 Percent Uptick in 2023 Annual Revenue, Metaverse Unit Still Under Loss
Meta managed to reel-in $134.9 billion in the year of 2023. On a yearly basis, Meta’s revenue spiked by 16 percent. It is, however, interesting that Meta’s Reality Labs unit has only seen losses since 2021.
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Meta Requests India’s TRAI to Address Metaverse, AI-Related Setbacks: Report
Meta is trying to integrate the metaverse tech into the social networking and virtual reality paradigms to make online experiences more immersive. The Mark Zuckerberg-owned company has reportedly reached out to TRAI asking for the creation of regulatory sandboxes to bridge the regulatory gaps and develop a nurturing policy work for the growth of te...
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Meta To Lay Off Staff In Reality Labs Silicon Unit Today: Report
Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on Tuesday.
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Mark Zuckerberg’s Podcast Interview as Photorealistic Meta Avatar Tickles People’s Metaverse Fancies
On September 28, Mark Zuckerberg appeared for a podcast interview with YouTuber and AI researcher Lex Fridman, but the venue of this interaction was the metaverse. In photorealistic Meta avatars, the two engaged in conversation about how Zuckerberg envisioned the future of virtual reality and the metaverse.
-
Meta Unveils New AI-Powered Smart Glasses, Continuing Metaverse Push
Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.
-
Meta Connect 2025 Tomorrow: How to Watch Livestream, Expected Announcements
Meta Connect 2025 is set to kick off tomorrow (Thursday). It is the company’s annual event where it showcases its latest hardware developments, AI solutions, and metaverse technologies. At Connect 2025, Meta is reported to announce a new pair of smart glasses with a built-in display. It could also introduce the rumoured Oakley Meta Sphaera, geare...
-
Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
-
Meta's Motivo AI Model Could Deliver More Lifelike Digital Avatars: Here's How it Works
Meta has released an AI model called Meta Motivo. The model, that can control the body movements of digital avatars, is expected to make the overall metaverse experience better.
-
China’s Alibaba has Reportedly Slashed Jobs in Metaverse Division
Alibaba is slashing dozens of jobs from its metaverse division, as per a report by the South China Morning Post (SCMP). The report suggests that the job cuts from Alibaba’s Yuanjing unit are impacting teams in Shanghai and Hangzhou.
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
How Meta's Hyperscape Transforms Phone Cameras into Gateways to the Metaverse: Explained
In a recent demo of Hyperscape, Zuckerberg described it as “pretty wild.” He explained, "We're working to bring photorealistic avatars and environments into the metaverse. This is Hyperscape. With your phone, you can scan a room and recreate it in the metaverse."
-
Mark Zuckerberg’s Metaverse Gamble Pays Off With $201 Billion Fortune
Buoyed by a record-high Meta Platforms Inc. share price, Zuckerberg’s net worth has climbed almost sixfold in less than two years to $201 billion (roughly Rs. 16,86,617 crore), the first time he’s exceeded the $200 billion mark (roughly Rs. 16,78,226 crore), according to the Bloomberg Billionaires Index. He’s moved to fourth place on the list...
-
Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs
Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse
-
Meta Restructures Reality Labs Team, Forms Two Separate Divisions for Metaverse, Wearables: Report
Meta has reportedly divided its Reality Labs team into two separate entities where one team will work on the metaverse-focussed Quest headsets whereas the other will dedicate its time on hardware wearables.
-
Privacy, Wearables, and Building a Secure Web3 Ecosystem: Interview With Mai Labs
Mai Labs recently launched Mayaaverse, a metaverse platform that aims to set itself apart from Meta’s Reality Labs initiative. Gadgets360 spoke with Ashish Minocha, the Chief Business Officer as well as Khoushik Ananth, the Chief Technology Officer of Mai Labs to discuss the potential of the Web3 sector and metaverse platforms.
-
Meta Records 16 Percent Uptick in 2023 Annual Revenue, Metaverse Unit Still Under Loss
Meta managed to reel-in $134.9 billion in the year of 2023. On a yearly basis, Meta’s revenue spiked by 16 percent. It is, however, interesting that Meta’s Reality Labs unit has only seen losses since 2021.
-
Meta Requests India’s TRAI to Address Metaverse, AI-Related Setbacks: Report
Meta is trying to integrate the metaverse tech into the social networking and virtual reality paradigms to make online experiences more immersive. The Mark Zuckerberg-owned company has reportedly reached out to TRAI asking for the creation of regulatory sandboxes to bridge the regulatory gaps and develop a nurturing policy work for the growth of te...
-
Meta To Lay Off Staff In Reality Labs Silicon Unit Today: Report
Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on Tuesday.
-
Mark Zuckerberg’s Podcast Interview as Photorealistic Meta Avatar Tickles People’s Metaverse Fancies
On September 28, Mark Zuckerberg appeared for a podcast interview with YouTuber and AI researcher Lex Fridman, but the venue of this interaction was the metaverse. In photorealistic Meta avatars, the two engaged in conversation about how Zuckerberg envisioned the future of virtual reality and the metaverse.
