The Money Facebook Has Spent on VR Since 2022 Has Been Revealed

parent company of Facebook Meta It has recently announced very serious profit figures, but it is difficult to say that every initiative of the company has a positive impact on this success. Reality Labs, the company’s augmented and virtual reality department, announced a loss of $3 billion in the last quarter. In other words, the company’s loss in this area since June 2022 1 billion dollars per month happened as. Meta also expects Reality Labs to lose billions of dollars more. So this does not pose a problem for them.

Reality Labs in its last quarter report $3.85 billion It looks like it’s at a loss. Quest 2 VR The department, which also developed player titles and Quest 3, is focusing on the Metaverse. Meta!’s high-level augmented reality and virtual reality studies are also carried out by this department.

Total damage reached 45 billion dollars

since 2020 Reality Labs financial statements are disclosed separately. Including the last quarter figures, the total loss of this department has reached 45 billion dollars. Meta, on the other hand, states that they expect this damage to continue or even increase during the development of new technologies and expansion of the ecosystem.

Of course, expenses are required to produce new technologies, and large companies can easily sacrifice large sums of money for more ambitious projects. On the other hand, the wealth of the technology world can be perceived as ordinary over time. To help you visualize the monthly loss, $1 billion is roughly equal to $100 bills. 10 tons It does. It continues to be debated whether augmented reality glasses and headsets will truly be a tool that has spread to the masses like smartphones. Its volume is 110 cubic meters finds it.