According to Bloomberg, tech giant Meta CEO Zuckerberg is significantly cutting the company’s investment in the metaverse sector. The company has already poured billions of dollars into virtual reality (VR) and augmented reality (AR) projects, but now plans to reduce funding for its Reality Labs division, which is responsible for metaverse development. This means the department’s expenses will be slashed by nearly 20% in the coming years. Previously, Meta’s metaverse projects suffered heavy losses, with Reality Labs burning through over $40 billion. Meanwhile, Meta is shifting more resources into the artificial intelligence sector, aiming to expand AI research and infrastructure development. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52965