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Mark Zuckerberg’s bet on the metaverse is off to an expensive start-2022

Mark Zuckerberg

Mark Zuckerberg

Mark Zuckerberg’s bet on the metaverse is off to an expensive start

Mark Zuckerberg’s bet on the metaverse is off to an expensive start-2022

Meta, the company Zuckerberg created as Facebook, stated that its Reality Labs branch, which manufactures virtual reality goggles, smart glasses, and other yet-to-be-released goods, will lose more than $10 billion in 2021 as it grows the business.

These items are critical to Zuckerberg’s vision of the metaverse, a next-generation internet in which users exchange virtual worlds and experiences across many software and hardware platforms.


Meta unveiled the findings of its hardware section for the first time.

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