While Meta lost $ 4 billion from the metaverse in the first quarter of 2023, CEO Mark Zuckerberg made statements about artificial intelligence and metaverse.
Social media giant Meta will be released on April 26. first quarter of 2023 released its report. Meta Instagram, Facebook and WhatsApp, such as investments in the first quarter 28.6 billion dollar income while getting of the company metaverse section Reality Labs lost $4 billion he did.
From the loss Reality Labs suffered last year in 2023 It is predicted that there will be more losses is being done. Last year, Meta in revenues first time falling After the announcement, the value of its stocks had drastically depreciated.
We expect Reality Labs’ operating losses to increase in 2023 compared to last year.
CEO Mark Zuckerberg announced the company’s earnings after its earnings report on April 26. about his progress made remarkable statements.
In his speech mainly artificial intelligence Zuckerberg, which includes technology and future application areas, contrary to the claims. that he has not lost his enthusiasm for the metaverse universe stressed. At the time of his explanation, about the metaverse studies to some milestones Noting that, the CEO stated that users maintain their interest in this area:
More than a billion Meta avatars have been created. More than half of daily Quest virtual reality glasses users spend more than an hour using their device. Beyond AI, the other big wave of technology we’re focusing on is the metaverse. A narrative has developed that we have somehow moved away from focusing on the metaverse vision. I want to say in advance that this is not true.
On the other hand, Meta will increase its metaverse investments on an annual basis in 2022. 13.7 billion dollars had damaged.