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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Sunday, February 2, 2025

Meta Steps Up Investments in Wearables

Meta hopes to sell between 5 and 10 million units of the next iteration of its AI glasses, after declaring the second generation (the Ray-Ban Meta AI glasses) "a real hit." Mark Zuckerberg, CEO of Meta, said that 2025 will be "a defining year that determines if we're on a path towards many hundreds of millions and eventually billions of AI glasses -- and glasses being the next computing platform like we've been talking about for some time -- or if this is just going to be a longer grind."

Meta also suggested that 2025 is going to be a pivotal year for the metaverse. "This is the year when a number of the long-term investments that we've been working on that will make the metaverse more visually stunning and inspiring will really start to land," Zuckerberg said.

In 2025, Meta expects about half of its investments in Reality Labs, which is making a loss of about 17.7 billion US dollars a year, to be related to wearables (such as the AI glasses) and about half in metaverse, which includes its VR, mixed reality, and social platform initiatives.  "We do anticipate that operating losses in Reality Labs will increase in 2025, as they did in 2024," Meta added. "In terms of the increase, we expect our wearables devices to be the primary driver of Reality Labs operating losses growing in 2025 across both cost revenue and operating expenses. And that really comes from our efforts to further accelerate the adoption of our AI glasses products." Source: Meta 




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