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Meta to cut 10% of metaverse arm this week amid AI push: Report

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Meta to cut 10% of metaverse arm this week amid AI push: Report
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TL;DR:

Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development.

Key Points:

  • Meta to cut 10% of metaverse arm this week amid AI push: Report
  • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.

    Meta to cut 10% of metaverse arm this week amid AI push:... | NewsCR