Why did Meta pivot from the metaverse to AI?
After the metaverse failed to attract mainstream users despite tens of billions in spend, Zuckerberg reportedly redirected Meta toward building general-purpose AI models, committing roughly $115 billion to compete with OpenAI and Google rather than doubling down on Meta's own ad-targeting advantage.
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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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