Meta Reaffirms Commitment to Metaverse Vision, Has No Plans to Slow Billions in Reality Labs Investments

Meta announced its latest quarterly results, revealing that the company’s Reality Labs metaverse division is again reporting a loss of nearly $4 billion. The bright side? Meta’s still investing billions into…

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Meta Acquires 3D Lens Printing Firm Luxexcel to Bolster Future AR Glasses

Meta has acquired the Belgian-Dutch company Luxexcel, a 3D printing firm creating complex glass lenses for use in AR optics. As first reported by Belgian newspaper De Tijd (Dutch), the Turnhout,…

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