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Yes, Meta reports the AR/VR unit separately as Reality Labs. It lost $3 billion in Q1 this year, and about $10 billion in 2021. The number of employees working
by pavlov 4y ago
Yes, Meta reports the AR/VR unit separately as Reality Labs. It lost $3 billion in Q1 this year, and about $10 billion in 2021.
The number of employees working in this pillar exceeds 10,000, I believe. For the past years Meta has been building the entire stack: chips, novel controllers like wrist neural interaction, a new operating system... But the ambition level has been somewhat reduced recently. The new OS project (XROS) was scrapped last winter, for example.
- TMWNN 4y agoIt's definitely a passion project on Zuckerberg's part. Were he not CEO and controlling shareholder, it's definitely the kind of thing that a new CEO would cut. (Just like Blue Origin is a Bezos-personal-investment thing, not an Amazon thing.)