Meta Reportedly Unhappy with How Much Money Its VR Division Burns
Meta faces challenges in VR spending, leading to a 20% cost reduction. Plans include new headsets like Meta Quest 4, Quest Pro, and AR glasses without Ray Bans branding. Despite losses, Meta focuses on AI and enhancing AR glasses for future releases, aiming to compete with Apple in the VR market.
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Meta is reportedly facing challenges with its VR division's spending, prompting a 20% cut in costs. Despite this, the company plans to release a new Meta Quest 4 headset, a Quest Pro sequel, and AR glasses without Ray Bans branding in the next few years. The division has faced significant losses, with a reported $3.85 billion loss in the last quarter alone. Meta is also focusing on AI, with plans to release the Llama 400B AI model soon. The company aims to balance wearability, battery life, power, and visuals in its upcoming AR glasses. In 2026, Meta plans to launch the sequel to the Meta Quest 3, with two versions of the Quest 4 in the works. Additionally, a new Quest Pro is slated for 2027 to compete with Apple's Vision Pro. The VR market competition is intensifying between Meta and Apple, with both companies investing heavily in the metaverse despite consumer price concerns.
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