New Delhi, April 27: As Meta (formerly Facebook) continues to bet big on gaming, it has lost close to $4 billion on its augmented reality/virtual reality (AR-VR) division.

The Mark Zuckerberg-run company showed continued losses in its AR/VR Reality Labs division in its latest quarterly results. The company is losing money at a rate of more than $1 billion per month since June 2022 on its AR/VR dream, according to GamesIndustry.biz.슬롯 머신 사이트 추천Mark Zuckerberg Salary: Meta CEO With USD 1 Base Salary Earned Over USD 24 Million in 2023, Here's How.

슬롯사이트œWe continue to expect operating losses to increase meaningfully year-over-year due to our ongoing product development efforts and our investments to further scale our ecosystem,슬롯사이트� according to the company. Meta CFO Susan Li said on the Q1 earnings call that 슬롯사이트œWe continue to expect operating losses to increase meaningfully year-over-year슬롯사이트�.

Meta슬롯사이트™s Reality Labs recorded $440 million in revenue but an overall loss of $3.85 billion. 슬롯사이트œThe initial signs are quite positive here. But building the leading AI will also be a larger undertaking than the other experiences we've added to our apps, and this is likely going to take several years,슬롯사이트� said Zuckerberg.슬롯 머신 사이트 추천Meta Apps Register 3.24 Billion 'Daily Active People' on Average, Instagram Threads Registers 150 Million Monthly Active Users.

Meta captured 59 per cent of the Extended Reality (XR) headset market in 2023. Notably, Meta strategically lowered the price of its existing Quest 2 throughout the year, making it an attractive option for budget-conscious consumers, especially during the holiday season, according to Counterpoint Research. This strategy helped Meta maintain its lead until the launch of Quest 3 in Q4 2023.

(The above story first appeared on LatestLY on Apr 27, 2024 10:13 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).