Meta is still burning money on AR/VR
SMRTR summary
Meta's Reality Labs has lost $83.5B over 21 quarters, yet the company plans $125–$145B in 2026 spending, mostly on AI. Strong Q1 earnings didn't prevent a 5% stock drop after hours.
SMRTR provides this summary for quick context. The original article belongs to TechCrunch.
Read the original article