META LOSING BILLIONS in METAVERSE

KANCH

Lined Circle
Lined Circle

Metaverse 

Mark Zuckerberg says that the grand metaverse business is losing billions of dollars, but that's just part of the plan.

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Meta Building Metaverse

Meta's  Reality Labs lost its most recent $2.96 billion during the first quarter of the year.

The latest losses have cost a multinational technology company more than $10 billion, but CEO Mark Zuckerberg doesn't consider these expenses 

ignificant. He believes that it's all part of the plan to construct the metaverse over the next decade.

Mark Zuckerberg

Chief EXECUTIVE  Officer

Metaverse in Making

Meta

While we're focusing on the biggest opportunities and challenges of today, I think it's important to build the foundation for the next era of social technology as well,” Zuckerberg

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