What was the metaverse?

Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.

Siemens Brings the Industrial Metaverse to Life With Digital Twin Composer

Siemens unveils industrial metaverse technology, delivering true industrial intelligence, by bringing together physical AI ...
ArchDaily

Zaha Hadid Architects Explores AI-Driven Design at “Architecture of Possibility” Exhibition in Shenzhen, China

A significant portion of the exhibition is dedicated to ZHA's research collaborations with global leaders in AI computing. Through machine learning and data-driven digital technologies, the practice ...
Men's Journal

After Reportedly Burning Through $77 Billion, Mark Zuckerberg Finally Shifts Meta’s Focus

View post: Nintendo Lists Switch and Switch 2 Games Under $30 You Can Play Today, Starting at $4.99 Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...
Futurism

Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta”

In October 2021, Facebook CEO Mark Zuckerberg revealed that his social media empire was officially rebranding itself as “Meta” as part of a sweeping company-wide doubling down on virtual reality tech.
Fox Business

Meta scales back metaverse spending following reports of cutting budget by up to 30%

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...
Wall Street Journal

Meta Plans to Shift Spending Away From the Metaverse

Meta Platforms META-0.41%decrease; red down pointing triangle is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company. The proposed changes ...
Business Insider

Meta CEO Mark Zuckerberg went all in on the metaverse. Now Reality Labs is facing big cuts.

Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...
Los Angeles Times

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

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...
Reuters

Meta to cut up to 30% of metaverse budget, Bloomberg News reports

Reality Labs division has burned over $60 billion since 2020 The company has committed as much as $72 billion in capital spending this year Meta shares rise 4% Dec 4 (Reuters) - Meta (META.O), opens ...
TechCrunch

Meta reportedly plans to slash Metaverse budget by up to 30%

Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company executives are mulling slashing the virtual reality platform’s budget by up ...