Zuckerberg shifts Meta's billions from metaverse to AI after $100B VR losses

Meta has pivoted its massive capital expenditure from virtual reality to artificial intelligence after incurring over $100 billion in losses on the metaverse. Investors are questioning whether the new AI investments will yield returns, given the scale of the previous failure. The shift underscores a broader tech industry trend toward AI, but the financial viability remains uncertain.

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