Some folks listed here are mistakenly pondering that is some sort of downfall.
That is funding. It isn’t a failing or a loss until they cannot recoup the funding in a while.
Apple is investing a really comparable quantity, little question, into the identical factor. The metaverse division is nearly fully simply {hardware} R&D or firm acquisitions. Maybe a really small share is devoted to the metaverse itself, as they’re largely in speaking level levels proper now for that.
VR/AR expertise would require tens of billions of {dollars} to do R&D on. That is simply how it’s. There is not a extra innovative client expertise to work on than this house, and that is why it prices a lot.