Meta's commitment to virtual reality and the metaverse continues despite significant losses and low user engagement in its Horizon Worlds platform. The platform experienced a drastic drop from 300,000 monthly active users at launch to just 900 daily active users a year later. In parallel, the focus has shifted to generative AI, with Meta investing heavily in AI infrastructure, planning a major data center while also funding Reality Labs. The division reported a cumulative loss of $68.58 billion since 2020, with a mere $370 million in sales over the same period.
Meta is still quietly pouring money into Reality Labs, its metaverse-building division that oversees Quest VR headsets and Ray-Ban smart glasses, which has reported $68.58 billion in losses since 2020.
Despite the decline in active users for Horizon Worlds, Meta continues to invest in its metaverse vision, indicating a long-term strategy focused on potential growth.
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