Meta Cuts Metaverse Spending to Focus on AI-Powered Wearables

The tech giant is reallocating resources from virtual world projects to AI-driven smart glasses and wearable technology development.

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Terms & Concepts
  • Metaverse: A collective virtual space combining virtual reality, augmented reality, and the internet, enabling simulated experiences.
  • AI-powered glasses: Smart eyewear integrated with artificial intelligence to provide augmented reality features and contextual information.
  • Wearable devices: Electronics that can be worn on the body, often used for tracking health, fitness, or providing augmented functionalities.