Meta's Reality Labs division reported a significant loss of $3.84 billion in the first quarter of the current fiscal year, despite experiencing revenue growth. The division is actively developing advanced augmented reality (AR) products, including a highly anticipated prototype of AR glasses. These glasses are expected to surpass the performance and features of existing AR products, according to Meta's head of AR glasses hardware. The financial performance and ongoing product development indicate Meta's continued investment and focus on expanding its presence in the AR and VR markets.
Meta has a bold new strategy for VR headsets #Vr #Meta @MetaQuestVR https://t.co/HUtIxAHGWE
5 mind-blowing AI tools to try other than ChatGPT https://t.co/yVLwmVqOe2
Meta's Head Of AR Glasses Hardware Claims They're As Mindblowing As The Original Oculus Rift - @UploadVR https://t.co/9uw7iWpHHy #AugmentedReality #AR #technology #Meta
Despite heavy quarterly losses, Meta’s Reality Lab turned over a billion dollars in revenue in Q4 last year which equates […] The post Massive Meta Quest 3 update v62 takes on Apple Vision Pro head-on appeared first on... https://t.co/8Faz2NEnk6
AI Weekly Rundown (April 20 to April 26) Major AI announcements from Apple, Microsoft, Adobe, Snowflake, Meta, and more. https://t.co/iEfixLFq4F
Zuckerberg: First-Party Quests Will Continue To Be The Most Popular Headsets - @UploadVR https://t.co/FF3zvn7K76 #VirtualReality #VR #Meta
Meta's AR/VR Division Sees 30% Quarterly Revenue Growth "Driven By Quest Headset Sales" - @UploadVR https://t.co/KQJz4yAZEL #VirtualReality #technology
3DeSocial Spatial Tech Update Daily Briefing Sat Apr 27 2024 Hello Innovators and Virtual Dreamers! Get ready to plug into the matrix of the latest advancements in virtual and augmented reality! Our today's digest is packed with breakthroughs, game releases, and tech 🧵 https://t.co/mXxqHRDGAk
(1/5 )📰Weekly AI News Roundup: https://t.co/UMKoJOhnJt
Latest news in AI, Spatial Computing, and @rendernetwork community. Here’s what caught our eye this week:
Meta's Head of AR Hardware Teases Next-gen Transparent AR Glasses with Wide Field-of-view https://t.co/phR3yNc1rb via
Exclusive: @Meta's upcoming #ARglasses are the OMG moment that #AugmentedReality needs https://t.co/euX6PEUVGy https://t.co/MhNPoWy2TT
Meta teases it is going to show some AR glasses that will make us go WOW. But if I remember well, the rumors talked about an expensive prototype to be revealed this year with around 70° FOV (based on MicroLED displays and lenses with silicon carbide). But this will never go…
Meta teases that 'nothing prepares you' for its upcoming AR glasses https://t.co/nguHSWn0Sq by @nexusben
#TWIXR @perplexity_ai Raises $63 Million, @apple Vision Pro Sales Slow, @Meta Takes A Tumble.. Also, this week we're talking about @Meta @perplexity_ai @iyo_audio @aweXR @ARealityEvent @coachella @Kabooki_Kai Read more from @CharlieFink here: https://t.co/lqW1XKt8gN
Not a great week for AR/VR. Apple can't get traction on Vision Pro in advance of its international roll out and (surprise surprise) Meta's Reality Labs just handed them a fresh multi-billion dollar loss. https://t.co/JD7Id75dko
AI Art Weekly issue #81 just went live! 🙌 This week we've made progress in: – 3D: PhysDreamer, GScream, NeRF-XL, Interactive3D, Make-it-Real, TELA, TokenHMR – Image: Midjourney, Hyper-SD, ConsistentID, PuLID, MultiBooth, ID-Aligner, CharacterFactory, TF-GPH, Editable Image… https://t.co/He8L6RMT7l
Mixed reality is making waves 🌊 Pulse-check 💥 Are you pivoting to integrate or feature Mixed Reality in your projects/products? Love to hear from you—Drop your favorite MR app or activity in the comments for upcoming @spatialnetworks newsletter. Will feature top picks!
Meta's Head of AR Glasses Hardware claims they give the same "Oh my God, wow! I can't believe this!" reaction as the original Oculus Rift. Full context here: https://t.co/q7uhBCdSNe
Big news in AI, VR, Crypto and Spatial Computing. Here’s what caught our eye this week 👇
*NEW* @Forbes @ForbesTech @ThisWeekInXR The week we're talking about @Meta @perplexity_ai @Apple @iyo_audio @aweXR @ARealityEvent @coachella @Kabooki_Kai #AI #XR #Metaverse https://t.co/2a7qjKNn9l
Hello everyone! 👋👓 Today, I would like to invite you to join me as I introduce you to a new WebXR tool and build a SpaceX fan prototype that runs on the Apple Vision Pro, Meta Quest 3, Magic Leap 2, Zapbox, and many other devices that support WebXR. 📌 Full video available… https://t.co/8QZBHHg44W
Top stories in AI today: -Chinese AI model bests GPT-4 Turbo -Sanctuary releases next-gen Phoenix -Access Llama 3 on your Phone -Synthesia unveils ‘Expressive Avatars’ -6 new AI tools & 4 new AI jobs Read more: https://t.co/82bSB4PgMk https://t.co/HMt0uEcAbg
Our review of $META's Q1 FY24 is out! Videos make up 60% of the time spent on Instagram and Facebook. 👀 🤖 Meta AI 🤳 TikTok bill 🥽 Horizon OS 🧵 Threads update 📊 Financials visualized 👨👩👧👦 Users and ARPP trends https://t.co/3CdnFC7nhA
🕶️ Meta just dropped multi-model on their Ray Ban glasses. Here's a 30 second demo of me trying it out. First thoughts: • bit clunky • not a very user friendly feature • impressive - sometimes BUT my goodness this kinda tech is going to transform lives. #rayban #meta https://t.co/CjqYPk7Lpg
Augmented Reality glasses might be Meta’s golden ticket to socially appealing outdoor XR device usage similar to the Ray-Ban glasses. https://t.co/HC03zBwmof
https://t.co/7ai4nZwJ42 Big XR News from Meta, HaptX, Siemens, and Apple - XR Today https://t.co/KJ27wT3Pi0
Big XR News from @Meta, @HaptX, @Siemens, and @Apple 📰 Q1 reports are incoming as XR firms reflect on success and failure in order to achieve a market lead by 2025 https://t.co/Z2QNuw2E3s #xr #vr #ar #virtualreality #augmentedreality #meta #apple
Meta's first true #AR glasses prototype will go above and beyond the expectations set by existing products, says Meta's Caitlin Kalinowski. https://t.co/qKchPpRbgv
Meta's metaverse and virtual reality division Reality Labs lost $3.84 billion during Q1 of the current fiscal year. Its revenue grew, though, and Zuckerberg is optimistic: https://t.co/x9rdfroGc0 #Meta #metaverse #VR #AR #VirtualReality #tech #technews #technology https://t.co/vb6TVv3JZq
3DeSocial Spatial Tech Update Daily Briefing Fri Apr 26 2024 Hello, creative innovators and tech enthusiasts! Dive into the thrilling world of virtual and augmented reality where the digital landscape continues to evolve at an exhilarating pace. As always, I'm here to 🧵 https://t.co/qBUJRQjuqp
VR NEWS: Will Meta STOP Making Quest VR Headsets?? https://t.co/UtUVkyCZPr #Quest2 #Quest3 #VR