Market & Regulation
Meta's Reality Labs Faces Significant Financial Losses
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Why it matters
- →This highlights the financial challenges faced by companies investing heavily in AR/VR and AI technologies.
Meta is reportedly losing billions each quarter on its Reality Labs division, with expectations that AI-related expenditures will further increase these losses. The company's financial commitment to AR/VR technologies continues to grow.
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ChatGPT Images 2.0 Gains Popularity in India
OpenAI's ChatGPT Images 2.0 has become popular in India, but global engagement remains modest. The tool allows users to create detailed visuals and has seen significant downloads in emerging markets.
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