Meta Cuts Metaverse Spend as It Bets on AI Glasses and Wearables
Meta is scaling again its metaverse spending and redirecting assets towards AI-powered glasses and wearable units, marking one of many firm’s most vital strategic pivots in years. Key Takeaways: Meta is chopping metaverse spending as it shifts focus to AI-powered wearables. VR platforms like Horizon Worlds have stalled, whereas good glasses are gaining traction. The…
