"Despite the losses at Meta's Reality Labs, the company's social media apps brought in $41.9 billion in revenue, showing continued strong performance in their core business."
"Mark Zuckerberg's shift in focus from the metaverse to AI marks a significant change in strategy, indicating that the metaverse's prospects are looking bleak."
Meta's Reality Labs suffered another substantial loss of $4.2 billion in Q1 2025 as CEO Mark Zuckerberg hinted at a major shift in focus towards artificial intelligence. With Reality Labs reporting disappointing sales from VR products and a continuing trend of losses exceeding $60 billion since its inception, Zuckerberg's earnings call revealed neglect towards the metaverse, with no mentions in favor of AI advancements. Overall, Meta's core apps performed well, generating nearly $42 billion in revenue, underlining a stark contrast between successful social media operations and struggling hardware ventures.
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