How much money has Meta lost on the metaverse?
Meta has reportedly spent roughly $80 billion on its Reality Labs metaverse division since 2021, according to its own earnings disclosures, with user adoption widely described as abysmal relative to the spend. The division continues to post multibillion-dollar quarterly losses.
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Meta Didn’t Lose the Future. It Lost the PlotMeta burned $80B on the metaverse, pirated books for AI, and hid debt in Enron-style deals. Here's the strategic collapse, reportedly, in order.
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