US EditionMeta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI
Meta shifts focus from VR after $19.2 billion losses in 2025, prioritizing AI infrastructure with $115-$135 billion capex and tripled AI glasses sales, says company.
- Published Mar 19, Meta Platforms announced it is winding down Horizon Worlds and shifting focus to AI infrastructure and glasses products.
- Reality Labs posted a $19.2 billion loss for full-year 2025 and management expects similar losses in 2026, while Meta AI reached nearly 1 billion monthly users, supporting the pivot.
- A $69.7 billion capex plan for 2026 supports Meta’s AI infrastructure, including a $6 billion Corning partnership and opening a 697 Fifth Avenue flagship after glasses sales tripled in 2025.
- The market reaction included strong analyst support for Meta Platforms' strategic pivot, with 62 analysts covering the stock and a consensus target of $862.25.
- On the Q4 2025 earnings call, management laid out a multi-year plan for Reality Labs, directing most investment to glasses and wearables while focusing on Horizon's mobile success and stating 'Our vision is building personal superintelligence' over the coming years.
18 Articles
18 Articles
Five years ago, a decision by Mark Zuckerberg caused a worldwide uproar. He became so enthusiastic about the metaverse that he changed the company's name. Investments of up to ₹6.5 lakh crore were made. But now, this dream appears to be shattered. Let's understand where the company and Zuckerberg went wrong.
The Facebook group Meta has changed its plans to shut down the 3D version of Horizon Worlds after violent protests.
After tens of billions of dollars wasted, Mark Zuckerberg is disinvesting from a project that has never established itself.
Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI
Meta Platforms (NASDAQ:META | META Price Prediction) stock slipped 2% in afternoon trading on Thursday, with META shares trading at $602 and change. The move adds to a rough stretch that has the stock down 9% year-to-date and 6% over the past week. Yet, the real story today isn’t the price dip; rather, it’s the ... Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI
Meta quietly ended a key part of the project, which reportedly accumulated $75 billion in operating losses since 2020, in a blog post earlier this week.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
