Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...
Meta plans to cut around 10% of employees within the division who are working specifically on metaverse-focused products, including virtual-reality headsets and the company's Horizon Worlds social ...
Meta spokesperson Tracy Clayton confirmed the layoffs in a statement to The Verge: “We said last month that we were shifting ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban smart glasses.
Meta Platforms, Inc., is a Buy after a 20% pullback: accelerating ad revenue supports AI capex, with FCF upside as spending ...
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
AI drug discovery startup Converge Bio raised $25 million in a Series A led by Bessemer Venture Partners, with additional ...
Abstract: In expensive multitask optimization problems (ExMTOPs), multiple complex tasks must be optimized simultaneously under limited computational budgets. Existing approaches, often based on ...
Meta will launch Meta Compute, a new AI infrastructure group, to accelerate investments in data centers and energy supplies ...
Hupo, backed by Meta, pivoted from mental wellness to AI sales coaching for banks and insurers, and secured a $10M Series A ...
Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...
Social media giant Meta Platforms on Monday named former Trump appointee Dina Powell McCormick to a high-ranking executive position.
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