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Meta to cut 10% of metaverse arm this week amid AI push: Report

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Meta to cut 10% of metaverse arm this week amid AI push: Report

Meta is reportedly planning to cut 10% of its Reality Labs division this week as the company shifts its focus towards artificial intelligence development. This decision comes as the budget for the metaverse continues to decrease, reflecting a strategic pivot in the company's priorities.

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Source: CoinTelegraph · Report an issue