Meta cuts to metaverse ‘black hole’ could free up billions for AI and lift shares by 20%: analysts
Meta’s pivot from the metaverse to AI could enhance shareholder value and lead to a significant increase in stock prices.
metaverse
Meta cuts to metaverse ‘black hole’ could free up billions for AI and lift shares by 20%: analysts
Meta’s pivot from metaverse to AI could enhance financial performance and share value, reflecting a strategic shift in tech investments.
Meta Cuts Metaverse Spend as It Bets on AI Glasses and Wearables
Meta reduces metaverse spending, focusing on AI glasses and wearables, signaling a shift in tech priorities.
Meta shares climb on report of possible 30% metaverse budget cut
Meta’s 30% budget cut for the metaverse signals a shift in strategy, impacting investor sentiment and market dynamics.
Meta shares climb on report of possible 30% metaverse budget cut
Meta’s potential budget cut in the metaverse reflects shifting investor priorities and broader market trends in tech investments.
Meta stock jumped more than 5% after plans surfaced to cut the metaverse budget by up to 30%
Meta’s stock rises 5.7% as Zuckerberg plans to cut metaverse funding, signaling a shift towards fiscal responsibility and profitability.
Meta weighs deep reductions to metaverse unit while sector’s crypto tokens collapse: report
Meta’s cuts signal a shift in the metaverse narrative as crypto assets collapse, reshaping investment strategies in the sector.