Meta Shifts Focus from Metaverse to AI

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Meta is reportedly reducing its metaverse budget by up to 30%, focusing more on AI. Despite Zuckerbergs 2021 rebrand, the metaverse concept hasnt gained traction, with Reality Labs reporting significant losses. In contrast, AI investment is thriving, with data centers and AI experts being prioritized.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.