Meta Pursues AI and Metaverse Initiatives Despite 20% Reality Labs Budget Cut

Meta has decided to reduce almost 20% of Reality Labs’ budget by 2026. Bank of America’s analysts predict that the budget reduction could help Meta save about $3 billion. Analysts predict that the $3 billion savings could be used for Meta’s AI initiatives. Meta has reportedly decided to reduce its budget for Reality Labs, the The post Meta Pursues AI and Metaverse Initiatives Despite 20% Reality Labs Budget Cut appeared first on Coin Edition .

Source: Coin Edition