parent company of Facebook Meta It recently announced very serious earnings figures, but it is difficult to say that every initiative of the company has a positive impact on this success. Reality Labs, the company’s augmented and virtual reality division, reported a $3 billion loss in the last quarter. In other words, the loss the company has incurred in this area since June 2022 $1 billion per month happened like. Meta also expects Reality Labs to lose billions of dollars more. So this is not a problem for them.

Reality Labs in its latest quarterly report $3.85 billion It appears there has been a loss. Quest 2 VR The department, which also developed player titles and Quest 3, focuses on the Metaverse. Also the high-quality augmented reality and virtual reality research from Meta! are carried out by this department.

The total damage amounted to 45 billion dollars

since 2020 Reality Labs annual accounts are published separately. Including the latest quarterly figures, the total loss of this department amounts to 45 billion dollars. Meta states that they expect this damage to continue or even increase as new technologies are developed and the ecosystem expands.

Of course, new technologies require costs to produce, and large companies can easily sacrifice large sums of money for more ambitious projects. On the other hand, the wealth of the technology world can be perceived as ordinary over time. To help you visualize the monthly loss: $1 billion is roughly equal to $100 bills. 10 tons It does. It is still debated whether augmented reality glasses and headsets will truly be a tool that has spread to the masses like smartphones. The volume is 110 cubic meters finds it.