Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Stocks extend gains as S&P 500, Nasdaq hit record highs

16/08/2025

Kraken Launches Crypto Services Across 30 EEA Countries Under MiCA License

16/08/2025

Solayer unveils SVM Bridge to connect Solana and SVM chains

16/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum (ETH) Price Prediction for August 7

    15/08/2025

    Ether could dip below $3,400 after retesting the $3,730 resistance; Check forecast

    15/08/2025

    Bitcoin Options Data Shows Investors Positioning Against a Drop! Here Are the Critical Price Levels

    15/08/2025

    Two Reasons Why Ethereum’s Rally Is on Hold This August

    15/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    NFT market cap hits $9.3B, fueled by Ether surge

    13/08/2025

    Moonbirds Cross 3 ETH on Token Speculation

    12/08/2025

    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

    12/08/2025

    Could Animoca Brands’ investment bring the Cool Cats back?

    12/08/2025

    Stocks extend gains as S&P 500, Nasdaq hit record highs

    16/08/2025

    Kraken Launches Crypto Services Across 30 EEA Countries Under MiCA License

    16/08/2025

    Solayer unveils SVM Bridge to connect Solana and SVM chains

    16/08/2025

    BlackRock-backed RWA boom spurs new accelerator for on-chain finance

    16/08/2025
  • Blockchain

    Solayer unveils SVM Bridge to connect Solana and SVM chains

    16/08/2025

    India’s Central Bank Endorses Enterprise Blockchain Use in Supply Chain Finance

    16/08/2025

    REI Network Taps AIDA to Provide AI-Led, Feeless DeFi Trading

    16/08/2025

    Optopia Taps SocioAgent to Redefine Social Identity in Web3

    14/08/2025

    JuChain Taps Orbiter Finance to Streamline Multi-Chain Assets Transfer

    14/08/2025
  • DeFi

    Maple launches first perpetual trading use case for syrupUSDC on Drift Protocol

    15/08/2025

    DeFi Lending Market Hits $100 Billion

    15/08/2025

    Kyo Finance Gets Investment from Startale Ventures to Drive Multi-Chain DeFi Infrastructure

    15/08/2025

    Rubic Integrates with Exolic to Boost Private Cross-Chain Swaps

    15/08/2025

    Billionaire Winklevoss Twins-Backed Gemini Launches Self-Custodial Smart Wallet

    15/08/2025
  • Metaverse

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025
  • Regulation

    Stocks extend gains as S&P 500, Nasdaq hit record highs

    16/08/2025

    BlackRock-backed RWA boom spurs new accelerator for on-chain finance

    16/08/2025

    Donald Trump, Who Once Called Bitcoin a “Scam,” Now Says Crypto Is the “Solution”

    16/08/2025

    Biotech Stock Plunges on Bitcoin Plans as Ethereum Treasuries Stay Hot

    16/08/2025

    Korea’s ‘Onshore’ Won Policy Could Hinder Its Stablecoin Ambition

    16/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Kraken Launches Crypto Services Across 30 EEA Countries Under MiCA License

    16/08/2025

    VivoPower taps Crypto.com as custodial partner for XRP treasury strategy

    16/08/2025

    What Does This Colossal $400 Million Whale Move Mean?

    16/08/2025

    Alchemy Pay Joins Forces with Reef for Seamless Fiat to Crypto Access

    16/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Over 50% of July’s Web3 Gaming Funding Went to a Single Title

    15/08/2025

    Polemos Partners with Civitas to Expand Web3 Gaming Access

    15/08/2025

    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

    15/08/2025

    Immutable Opens Immutable Play to Web2 Studios, Ubisoft Signs on as First Partner

    13/08/2025

    Hive Digital reports record Q1 revenue, driven by Bitcoin and HPC

    16/08/2025

    Company That Hijacked Network by Launching 51% Attack on Surprise Altcoin Publishes Attack Report

    16/08/2025

    Illegal Bitcoin Mining on the Rise in Tajikistan and Kazakhstan

    15/08/2025

    Bitcoin miners and AI firms compete for cheap sustainable energy

    15/08/2025

    Wisconsin Democrats File Senate Companion Bill to Rein In Crypto Kiosks

    16/08/2025

    SEC Chairman Paul Atkins Discusses Ripple (XRP) Case Closure: “Now What?”

    16/08/2025

    Ripple CTO Reacts to SEC’s Post-Lawsuit Statements

    16/08/2025

    How Will Executive Order Targeting Debanking Practices Affect Crypto?

    15/08/2025

    Stocks extend gains as S&P 500, Nasdaq hit record highs

    16/08/2025

    Kraken Launches Crypto Services Across 30 EEA Countries Under MiCA License

    16/08/2025

    Solayer unveils SVM Bridge to connect Solana and SVM chains

    16/08/2025

    BlackRock-backed RWA boom spurs new accelerator for on-chain finance

    16/08/2025
  • MarketCap
NBTC News
Home»Metaverse»Despite Losses, Meta Remains Committed to AR and VR
Metaverse

Despite Losses, Meta Remains Committed to AR and VR

NBTCBy NBTC26/10/2023No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Considered one of Meta’s most bold tasks resides inside its Reality Labs division, a sector targeted on constructing the way forward for augmented actuality (AR) and digital actuality (VR) applied sciences. Although this division has just lately reported vital monetary losses, Meta stays dedicated to its long-term imaginative and prescient. This complete evaluation explores Actuality Labs’ efficiency, its ongoing investments, and future trajectory.

Actuality Labs: An Overview

Actuality Labs, a division inside Meta, is on the forefront of growing groundbreaking AR and VR applied sciences. The division is liable for quite a few modern merchandise, together with the favored Quest headsets, Meta Avatars, Horizon, good glasses, and the analysis and improvement of AR glasses and their neural wristband enter system.

Actuality Labs reported a income of $210 million for the third quarter of 2023. Nevertheless, with prices amounting to $3.95 billion, the division incurred a considerable lack of $3.7 billion. This pattern of excessive prices towards income has been constant, resulting in greater than $11 billion in losses because the starting of the yr.

Meta’s Bold Imaginative and prescient

The Quest series, a line of superior XR headsets, is one in every of Actuality Labs’ most profitable merchandise. Regardless of the general losses, the Quest collection has exhibited sturdy efficiency, with the just lately launched Quest 3 anticipated to spice up the fourth quarter’s income considerably. The Quest 3 is a mixed-reality system that permits customers to expertise digital content material built-in seamlessly with their bodily environment.

Meta’s imaginative and prescient of the “metaverse” is being actualized inside Actuality Labs. The metaverse, a collective digital shared area, goals to rework digital experiences and social interactions. The Horizon platform is a key component of this imaginative and prescient, a digital area the place customers can work together in actual time. Meta’s investments within the metaverse are deep and expansive, with a good portion devoted to growing high-quality video games inside the Horizon platform.

Actuality Labs: A Lengthy-Time period Funding

Whereas the losses incurred by Actuality Labs could appear substantial, they’re higher understood as long-term investments. The applied sciences being developed, notably the XR headsets and upcoming AR glasses, are nonetheless of their early levels. Over 50% of Actuality Labs’ spending is devoted to the analysis and improvement of AR glasses, indicating a robust give attention to these future-oriented applied sciences.

Actuality Labs is predicted to proceed its pattern of serious “losses” in 2024, primarily on account of ongoing product improvement and efforts to scale the ecosystem. These developments doubtless check with the upcoming AR glasses and potential future iterations of the Quest headsets.

Regardless of the losses reported by Actuality Labs, Meta’s total monetary efficiency has remained strong. Whereas the division’s losses led to an preliminary decline in Meta’s stock price, the corporate’s efficiency in different areas has helped offset this influence, with a slight restoration noticed in after-hours buying and selling.

The Way forward for Actuality Labs

The way forward for Actuality Labs appears to be like promising, with Meta persevering with to push the boundaries of AR and VR applied sciences. Regardless of the projected enhance in losses for 2024, Meta stays assured in its technique and investments to develop additional and improve its ecosystem.

With Actuality Labs, Meta continues its journey in the direction of constructing an immersive digital future. Regardless of present monetary losses, the division is a testomony to Meta’s dedication to long-term investments in rising applied sciences. As Actuality Labs continues to innovate and develop its ecosystem, the way forward for AR and VR applied sciences appears to be like promising below Meta’s stewardship.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

07/08/2025

Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

01/08/2025

From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

31/07/2025

AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

25/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Stocks extend gains as S&P 500, Nasdaq hit record highs

16/08/2025

Kraken Launches Crypto Services Across 30 EEA Countries Under MiCA License

16/08/2025

Solayer unveils SVM Bridge to connect Solana and SVM chains

16/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.