Actually, Mark Zuckerberg didn't burn $80 billion on the metaverse
Briefly

Actually, Mark Zuckerberg didn't burn $80 billion on the metaverse
"Meta has indeed generated losses of at least $80 billion via its Reality Labs unit, which lost more than $19 billion in 2025 alone. Reality Labs is not going away."
"Reality Labs also develops all the hardware Meta has been selling over the years, including its Quest virtual reality goggles, and its Ray-Ban AI glasses, which seem to have at least some consumer uptake."
"Efforts to get anyone but gamers to buy virtual reality headsets really haven't panned out, and while Meta, Apple, and others are now racing to bring the same tech to lightweight glasses, we have no idea if these things will ever be more than a novelty."
"Which means Reality Labs will continue to generate billions of dollars in losses this year and beyond."
Meta has incurred over $80 billion in losses through its Reality Labs unit, which is not being abandoned. Reality Labs produces various hardware, including virtual reality goggles and AI glasses. Despite the challenges in attracting consumers beyond gamers, Meta is committed to developing new devices, including upcoming glasses for streaming movies. The future of these technologies remains uncertain, but Meta's investment in Reality Labs will persist, leading to continued financial losses in the coming years.
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