Meta burned $19 billion on VR last year, and 2026 won’t be any better
The reported financial losses follow a series of layoffs at the VR unit.
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Category: Latest Tech News
Tesla invested $2B in Elon Musk’s xAI
Elon Musk’s AI company xAI disclosed earlier this month it had raised $20 billion.
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Elon Musk teases a new image-labeling system for X…we think?
Elon Musk says X will begin identifying “manipulated media” but doesn’t share details.
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SpaceX is coming to the public markets, and secondaries are already on fire
paceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs. The company just co…
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AI security startup Outtake raises $40M from Iconiq, Satya Nadella, Bill Ackman, and other big names
Outtake makes an agentic cybersecurity platform to help enterprises detect identity fraud. Its angel investors read like a who’s who of tech industry …
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