Meta to invest 20% of company’s entire cost in metaverse next year

In spite of concerns about the business unit centred on AR/VR reality and the metaverse, Meta will continue to allocate around 20% of its entire costs and expenses to Reality Labs in 2023.

The forecast, which CTO Andrew Bosworth published on his blog, isn’t much different from the 18% of spending Meta allocated to Reality Labs in the third quarter.


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