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Meta's $80 Billion Loss in the Metaverse Was a Misinterpretation; Reality Labs Continues to Operate
Deep Tide TechFlow News, March 21 — According to Business Insider, the widely circulated claim that “Meta announced abandoning the metaverse after losing over $80 billion” is a misinterpretation. Business Insider chief reporter Peter Kafka pointed out that this $80 billion loss comes from Meta’s Reality Labs division. However, Reality Labs’ business scope extends far beyond the metaverse, including hardware products like Quest VR headsets and Ray-Ban AI glasses. The division has not shut down, and its annual loss in 2025 is still expected to exceed $19 billion, with continued losses in the future.
Regarding the metaverse strategy, Meta insists that the metaverse is not limited to headset devices; smartphones and glasses are also considered part of the metaverse. However, objectively, since Zuckerberg publicly declared “the future belongs to the metaverse” in 2021, his public focus on the metaverse has significantly decreased, shifting instead toward AI and the development of “superintelligence.”
Kafka believes that whether it’s the metaverse or AI, the underlying motivation reflects Zuckerberg’s long-term core goal: to break free from dependence on Google and Apple platforms and establish an ecosystem controlled by himself.