Articles for tag: AI, augmented reality, Mark Zuckerberg, Meta, Metaverse, Technology, virtual reality

Market News

AI

Zuckerberg’s Meta shifts focus from the metaverse to AI, showing promise amidst skepticism and previous struggles, igniting dramatic transformation.

Three years ago, Facebook transformed into Meta, with Mark Zuckerberg envisioning a future of virtual worlds. While spending billions on the metaverse, Meta faced skepticism and lukewarm consumer interest. The breakthrough came in late 2022 with the rise of generative AI, prompting Zuckerberg to pivot focus. His AI investments have started yielding positive results, significantly ...

Market News

AI

Meta, once Facebook, shifts focus from the metaverse to AI, navigating skepticism and restoring power amid industry transformations.

Meta, formerly Facebook, began as a platform to connect Harvard students and has evolved over the years. In October 2021, Mark Zuckerberg rebranded the company, emphasizing a shift towards the metaverse—a virtual world for social interaction. However, following the rise of artificial intelligence, Meta has pivoted its focus to AI technologies. Despite impressive investments in ...

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