Meta Reality Labs
On Life Support“$71B+ lost on the metaverse. Now pivoting to AI glasses after VR dreams collapsed.”
Big TechImpacted: 2024
Key Metric
Lost $19B in 2025 alone. 1,500 laid off. Three studios shut down.
“$71B+ lost on the metaverse. Now pivoting to AI glasses after VR dreams collapsed.”
Key Metric
Lost $19B in 2025 alone. 1,500 laid off. Three studios shut down.