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Metaverse is still the main focus of the company, top executive at Facebook.
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Reality Labs widened its losses by $1 billion year-on-year basis.
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Generative AI and machine learning will help the company build Metaverse.
According to one of the executives at Facebook, reports related to Metaverse’s demise have been exaggerated more than they needed to be.
Meta still interested in Metaverse
Meta hosted a press event in New York on 11 May announcing a new AI generative Sandbox tool for advertisers. Nicola Mendelsohn who is Meta’s Head of Global Business expressed that they are still very much …
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