[KongchangAI]
CompanyMeta Reality Labs

Reality Labs

A division of Meta responsible for research and product development in XR hardware, software, and metaverse-related technologies. It focuses on VR/AR headsets and wearable devices, and represents Meta's core business unit for next-generation computing platforms.

Core Facts

Timeline (last 90 days)

Sep 24

Since Meta rebranded in 2021 and went all-in on the metaverse, its Reality Labs division has accumulated losses exceeding $60 billion (as of 2024).

Unverified60%
Sep 23

Meta's independent hardware team Reality Labs is a case of isolated incubation.

Unverified50%

All Facts (4)

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