Meta executives are reportedly considering cutting as much as 30% of the budget of the company’s metaverse group amid a shift of resources toward artificial...
Meta is establishing a new creative studio in its Reality Labs division and has hired longtime Apple design executive Alan Dye to lead it. Get...
Meta’s artificial intelligence spending is giving investors unwelcome flashbacks to 2022, Bloomberg reported Wednesday (Nov. 5). Get the Full Story Complete the form to unlock...
Meta is pouring billions into its biggest artificial intelligence (AI) bet yet. CEO Mark Zuckerberg told analysts in the company’s Q3 earnings call that he...
Remember the metaverse? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A new study sheds light on how brands can deepen their engagement with consumers in the metaverse through interactions with their “digital doppelgängers.” Get the...
Metaverse company Infinite Reality has been valued at $15.5 billion after purchasing AI firm Touchcast, the company announced Wednesday (April 16). Get the Full Story Complete the form...
Amazon is rolling out a feature to connect consumers to more of the goods they like. Get the Full Story Complete the form to unlock...
Walmart is reportedly expanding metaverse efforts by teaming with virtual gaming world Minecraft. Get the Full Story Complete the form to unlock this article and...