Meta Connect 2024 - New AI Applications and First Prototype of the "Orion" AR Glasses

The Reality Labs unit of the technology group Meta has recently recorded considerable losses. As part of the figures for the past second quarter, the group forecast that the division's operating losses are likely to increase significantly again in the current year due to product developments and investments to further scale the ecosystem. Investments in AI, augmented reality and metaverse technologies had caused the forecast for capital expenditure to rise to a record level, Reuters reported. However, according to a media report by "heise online",...