Meta’s Reality Labs lost over $4 billion in first quarter
Meta CEO Mark Zuckerberg during the Meta Connect event in Menlo Park, California, Sept. 17, 2025.David Paul Morris | Bloomberg | Getty ImagesAs Meta pumps increasing amounts of cash into artificial intelligence, the company's metaverse efforts continue to bleed money. In its first-quarter earnings report on Wednesday, Meta revealed that its Reality Labs division recorded an operating loss of $4.03 billion while bringing in $402 million in sales. Wall Street was projecting a loss of $4.82 billion...
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