⚡ Mark Zuckerberg's Unwavering Commitment to the Metaverse.
Despite significant losses in its metaverse initiative, Meta (META) remains committed to the concept. Mark Zuckerberg, the company's CEO, stated that their focus on both artificial intelligence and the metaverse has been ongoing for years and believes they are complementary. While the metaverse has not been profitable yet, Zuckerberg sees it as the direction the world is heading. In their recent earnings, Meta reported positive net income and revenue growth. However, their Threads app experienced a substantial drop in active users since its launch.
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⚡ Mark Zuckerberg's Unwavering Commitment to the Metaverse.
Despite significant losses in its metaverse initiative, Meta (META) remains committed to the concept. Mark Zuckerberg, the company's CEO, stated that their focus on both artificial intelligence and the metaverse has been ongoing for years and believes they are complementary. While the metaverse has not been profitable yet, Zuckerberg sees it as the direction the world is heading. In their recent earnings, Meta reported positive net income and revenue growth. However, their Threads app experienced a substantial drop in active users since its launch.
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