{"id":162929,"date":"2023-04-28T07:22:32","date_gmt":"2023-04-28T12:22:32","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/04\/mark-zuckerberg-says-he-is-absolutely-not-abandoning-the-metaverse-as-company-division-loses-4-billion"},"modified":"2023-04-28T07:22:32","modified_gmt":"2023-04-28T12:22:32","slug":"mark-zuckerberg-says-he-is-absolutely-not-abandoning-the-metaverse-as-company-division-loses-4-billion","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/04\/mark-zuckerberg-says-he-is-absolutely-not-abandoning-the-metaverse-as-company-division-loses-4-billion","title":{"rendered":"Mark Zuckerberg says he is absolutely not abandoning the metaverse as company division loses $4 billion"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/mark-zuckerberg-says-he-is-absolutely-not-abandoning-the-metaverse-as-company-division-loses-4-billion.jpg\"><\/a><\/p>\n<p>Meta CEO Mark Zuckerberg says he isn\u2019t abandoning the metaverse, even as the division of the company that manages its virtual and augmented reality projects lost $4 billion in the first quarter.<\/p>\n<p>Recent comments by Zuckerberg and other Meta leaders have <a href=\"https:\/\/www.businessinsider.com\/meta-layoffs-ceo-mark-zuckerberg-moves-away-from-metaverse-ai-2023-3\" rel=\"\">suggested that the company is going bullish on AI<\/a> and switching its strategy away from the metaverse. Top Meta execs are now spending most of their time focused on AI, CTO Andrew Bosworth <a href=\"https:\/\/www.businessinsider.com\/mark-zuckerberg-meta-ai-most-time-andrew-bosworth-2023-4\" rel=\"\">said earlier this month<\/a>.<\/p>\n<p>\u201cA narrative has developed that we\u2019re somehow moving away from focusing on the metaverse vision,\u201d Zuckerberg <a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/meta-stock-price-mark-zuckerberg-ai-year-of-efficiency-investing-2023-4\" rel=\"\">told investors<\/a> on Wednesday. \u201cSo I just want to say upfront that, that\u2019s not accurate. We\u2019ve been focusing on both AI and the Metaverse for years now, and we will continue to focus on both.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta CEO Mark Zuckerberg says he isn\u2019t abandoning the metaverse, even as the division of the company that manages its virtual and augmented reality projects lost $4 billion in the first quarter. Recent comments by Zuckerberg and other Meta leaders have suggested that the company is going bullish on AI and switching its strategy away [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1498,6],"tags":[],"class_list":["post-162929","post","type-post","status-publish","format-standard","hentry","category-augmented-reality","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/162929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=162929"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/162929\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=162929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=162929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=162929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}