Meta is betting big on AI, and some investors are having flashbacks to a previous high-profile spending spree.
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Why Zuckerberg is finally ditching the $70B metaverse

Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has finally come due. After roughly $70 billion in cumulative losses tied to virtual ...
Meta (META) is a strong buy as AI and AR advances boost ad revenue, growth, and margins. Read here for a detailed investment ...
As Meta pulls back investment, here's what happened to some of the startups that went all-in on the metaverse.
Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...
A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news ...
Meta's recent actions have given rise to speculation that the company is moving away from the metaverse. To validate this claim, it is important to understand the dynamics behind the metaverse and ...
Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...
The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...
Meta’s Connect keynote felt different this year, and not just because it marked the return of an in-person event. It’s been nearly two years since Mark Zuckerberg used Connect to announce that ...