Meta Reality Labs losses expected to keep piling up as group pushes for AI glasses

Meta has reported a 13.2 percent year-on-year revenue increase to $2.1 billion for its Reality Labs division, which includes the group’s Metaverse and Wearables categories, in fiscal 2024. The Meta Ray-Ban smart glasses are part of Wearables, but the company is only disclosing revenue information for the Reality Labs unit ...

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