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TEXXR

Chronicles

The story behind the story

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Analysis: Meta has invested $80B+ in AR and VR since 2014 when it bought Oculus, and is on track to top $100B in 2025; a source says it sold 1M Ray-Bans in 2024

Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year

Financial Times

Discussion

  • @tanarrowz @tanarrowz on x
    Ball: #META's total investment to date in Reality Labs to be $85bn, compared with more than $40bn for #AMZN's Alexa and $20bn-$30bn for #AAPL's development of its Vision Pro headset https://www.ft.com/... via @ft
  • r/augmentedreality r on reddit
    Meta sinks more than $100bn into virtual and augmented reality and smart glasses bet