Mark Zuckerberg plans deep cuts to metaverse division as Meta shifts focus to AI

Mark Zuckerberg plans to reduce resources for Meta's metaverse projects, potentially cutting the budget by 30% next year.
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Exclusive: "Transformative" AGI is on the horizon, DeepMind's Hassabis says

AI is hurtling toward a "transformative" moment in human history, Google DeepMind CEO Demis Hassabis said at Axios' AI+ SF ...

Mark Zuckerberg planning to cut budget by billions of dollars for the project for which Facebook and Instagram owner changed its name

Meta CEO Mark Zuckerberg is reportedly planning significant resource cuts, potentially as high as 30%, for its metaverse ...

Meta’s metaverse retreat: Zuckerberg prepares deep cuts as AI takes center stage

Meta shifts from metaverse to AI, planning deep Reality Labs cuts as it doubles down on Llama, smart glasses and new hardware ...

Meta’s Zuckerberg plans deep cuts for metaverse efforts draining company’s resources

Executives have discussed potential budget cuts as high as 30 per cent for the metaverse group in 2026. Read more at ...

Meta stock surges after Zuckerberg plans deep cuts to metaverse efforts

Meta Platforms (NASDAQ:META) stock surged over 6% Thursday morning following a Bloomberg News report that CEO Mark Zuckerberg plans to significantly reduce resources allocated to the company’s ...

Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System

Formula 1 and electric vehicle equipment expert, Motion Applied, chosen to develop the Cavorite X7's motor drive inverter and ...