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Meta's Metaverse Division Loses Another $4 Billion in a Single Quarter, Accumulating Massive Losses of $80 Billion
8 hour ago /
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Author：小编
On April 30, it was reported that while Meta is fully committed to the field of artificial intelligence, its once highly anticipated metaverse business continues to incur losses. According to Meta's financial report released on Wednesday, the 'Reality Labs' division, responsible for the research and development of VR, AR, and wearable devices, reported revenue of $402 million in the first quarter, falling short of Wall Street's expectation of $488.8 million. The operating loss amounted to $4.03 billion, which was less than the $4.82 billion loss anticipated by analysts.
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