This is crucial since Meta’s big investment in Reality labs has already cost the corporation money. Meta claimed earlier this year that it will lose $10 billion in 2021 on Reality labs. The business also announced that the “next iteration of our consumer Quest headset” would be released “later next year,” implying a Meta Quest 3.
However, CEO Mark Zuckerberg said that investing in “the future computer platform” was still a major priority. “This is a tremendous operation, and it will often take many generations of each product before they become popular,” he said. “However, I believe that our work here will be historic in nature, laying the groundwork for a completely new manner for us to engage with one another and integrate technology into our lives.”