Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
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Subhashree
Hi, This is Subhi.
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