Meta: The technology company ends the Metaverse illusion and launches a multi-billion dollar AI offensive!
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The American technology company Meta is discontinuing operations of its virtual 3D world Horizon Worlds for virtual reality headsets. This decision signifies a shift in the company’s strategy. CEO Mark Zuckerberg is stepping away from the Metaverse focus announced in 2021 in favor of increased capital allocation towards artificial intelligence. He is responding to the low user acceptance of the VR platform. After billions in losses in the hardware sector, future investments will flow into the expansion of AI data centers The withdrawal from...
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