Meta’s Reality Labs reported a 10% increase in operational losses to $17.7 billion for 2024, accumulating over $60 billion in losses since 2020, raising concerns among investors.
CEO Mark Zuckerberg declared 2025 a pivotal year for the metaverse, predicting major advancements and revealing plans to invest $60 billion to $65 billion in AI, merging AI with metaverse development.