"Meta is developing new mixed reality glasses under the codename Phoenix, according to Business Insider - but their release date has been pushed back from the second half of 2026 to the first half of 2027."
"BI says it's seen memos from Meta executives announcing the delay, apparently after meetings in which CEO Mark Zuckerberg told them to take more time to make the business sustainable and deliver higher quality experiences. The company's metaverse leaders Gabriel Aul and Ryan Cairns reportedly wrote that the delay is "going to give us a lot more breathing room to get the details right." Bloomberg reported earlier this week that Meta plans to slash its metaverse budget by up to 30%."
Meta is developing mixed reality glasses codenamed Phoenix with a form factor reportedly similar to the Apple Vision Pro and a puck-like power source. The planned release moved from the second half of 2026 to the first half of 2027. Internal memos note the delay followed meetings in which CEO Mark Zuckerberg urged more time to make the business sustainable and to deliver higher-quality experiences. Metaverse leaders Gabriel Aul and Ryan Cairns said the postponement will provide more breathing room to refine details. Meta is also planning sizable metaverse budget cuts of up to 30 percent.
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