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FollowMeta metaverse boom-to-cooldown timeline
Layoffs, ongoing losses, and AI spending now dominate the metaverse story
Key takeaways
- Meta turned the metaverse from a diffuse sci-fi concept into one of the technology sector’s most visible corporate promises, making its rise and retreat a benchmark hype-cycle case.
- Weak Horizon Worlds engagement and persistent Reality Labs losses show how hard immersive-computing visions are to turn into a durable mass-market business.
- The shift of talent, capital, and investor messaging toward AI explains why Meta still funds XR infrastructure while no longer treating the metaverse as the main near-term spending story.
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