#meta-metaverse-shutdown

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#ai-infrastructure-investment #strategic-pivot #capital-expenditure-increase #wearable-technology
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Tech industry
fromAol
2 days ago

Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI

Meta abandons its metaverse platform to pivot toward AI infrastructure and glasses products, increasing capital expenditures to $115-$135 billion in 2026 while maintaining its $200.97 billion advertising business.
Tech industry
fromAol
2 days ago

Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI

Meta abandons its metaverse platform to pivot toward AI infrastructure and glasses products, increasing capital expenditures to $115-$135 billion in 2026 while maintaining its $200.97 billion advertising business.
Tech industry
fromAol
2 days ago

Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI

Meta abandons its metaverse platform to pivot toward AI infrastructure and glasses products, increasing capital expenditures to $115-$135 billion in 2026 while maintaining its $200.97 billion advertising business.
Tech industry
fromAol
2 days ago

Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI

Meta abandons its metaverse platform to pivot toward AI infrastructure and glasses products, increasing capital expenditures to $115-$135 billion in 2026 while maintaining its $200.97 billion advertising business.
Tech industry
from24/7 Wall St.
2 days ago

Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI

Meta is shutting down Horizon Worlds and pivoting to AI infrastructure, with capital expenditures nearly doubling to $115-135 billion in 2026 as the metaverse strategy fails.
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