Meta Slashes VR Spending By 30 % In Strategic Pivot

Meta is preparing to cut its metaverse budget by up to 30%, a sign of a major strategic shift. Three years after making virtual reality its top priority, the company is now redirecting its investments towards artificial intelligence and augmented reality. A significant change of course for Mark Zuckerberg, who questions the future of the metaverse and immediately boosted Meta's stock in the market.

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