Meta’s Reckoning: $73B in Metaverse Losses, an AI Talent Exodus, and Zuckerberg’s $14B Reset
Reality Labs is shrinking. Meta’s AI org has been rattled by a benchmark controversy. And a geopolitically sensitive AI-agent deal is now under regulatory scrutiny. The pivot is real. The question is whether it is working. The quick read If you only have a minute, here are the signals that matter: Reality Labs has posted tens of billions in operating losses since Meta’s metaverse push began, including $17.7B (2024) and $16.1B (2023) alone. (SEC) Meta is cutting back Reality Labs, with reporting […]