Meta Beat Expectations. Now It Must Prove Its Massive AI Spending Isn’t Another Metaverse
Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.
Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.
The latest update is out from A Metaverse Company ( ($HK:1616) ). A Metaverse Company, a Cayman Islands–incorporated metaverse-focused business listed on the Hong K…
Metaverse The Metaverse Market reached USD 52.1 billion in 2022 and is expected to reach USD 1,020.6 billion by 2030, growing with a CAGR of 45.5% during the forecast period 2024-2031. Market growth is driven […]
Meta’s Chief Technology Officer Andrew Bosworth delivered a sobering assessment of the company’s virtual reality ambitions in a recent interview, acknowledging that VR adoption has failed to meet internal projections and necessitated a significant strategic […]
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