Amid a wave of tech giants shifting their focus fully toward artificial intelligence, Meta’s virtual reality business has plunged into a “financial black hole.” The company’s latest financial report shows that its VR division, Reality Labs, recorded a loss of $19.1 billion in 2025, further widening from the $17.7 billion loss in 2024 and hitting[…..] […]
Meta Loses $19.1 Billion on VR Business Last Year as AI Strategy Takes Center Stage