Yuga laboratory Increases presence in Metaverse and NFTs through acquisition of evidence, Plans to transport Moonbird to Otherside and expand its digital universe. Below...
The ambitious journey into the Metaverse, led by Meta's Reality Labs division, is not without financial challenges. The tech giant formerly known as Facebook...
We've got the latest report titled "Global 'NFT in the Metaverse' Market Trends and Insights" from Orbisresearch.com.
Starting from a broad perspective, the report focuses...
Pica Labs' text-to-video generation AI platform raises $55 million. The round was led by Lightspeed Venture Partners and included investors including Homebrew, Conviction Capital,...
Meta's third quarter revealed a significant financial hit, particularly in its Metaverse-focused Reality Labs division.
According to the third quarter of 2023, despite total revenue...
San Francisco, Oct 4 (IANS) Meta reportedly plans to lay off an unknown number of employees from its Metaverse-led Reality Labs division.Employees were informed...
Yuga laboratory CEO Daniel Alegre announced a major restructuring on Friday, including layoffs across various teams. This comes amid a focus on expansion into...
Meta announced in April that it would lay off thousands of employees across its major facilities.
According to an internal Workplace post, the company plans...
TLDRMeta plans to reduce headcount in silicon within its Reality Labs division, impacting AR/VR projects.Challenges in manufacturing custom chips led Meta to partner with...