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    ‘Metaverse’ budget cut: Zuckerberg plans slash resources; company loses $70 billion

    20 hours ago

    Meta is reportedly slashing its Metaverse budget by up to 30% for 2026, signaling a potential shift away from its ambitious virtual reality vision after incurring over $70 billion in losses. This move comes as the company doubles down on artificial intelligence, investing heavily in AI infrastructure and talent acquisition.
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