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Meta to cut 10% of metaverse arm this week amid AI push: Report

January 13, 2026 by DIGIT
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Meta to cut 10% of metaverse arm this week amid AI push: Report

Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development.

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  • bitcoinBitcoin(BTC)$92,010.000.33%
  • ethereumEthereum(ETH)$3,130.09-0.61%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$910.120.44%
  • rippleXRP(XRP)$2.06-0.57%
  • solanaSolana(SOL)$140.32-1.16%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.2985880.39%
  • staked-etherLido Staked Ether(STETH)$3,129.03-0.67%
  • dogecoinDogecoin(DOGE)$0.139001-0.52%