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Meta's CTO: VR Investment Continues Amid Budget Reallocation

12/16/2025

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Summary

Story summary

Meta's Chief Technology Officer Andrew Bosworth says VR is not being abandoned amid reports of a potential 30% metaverse budget cut.
The company is reallocating some investment from the metaverse to AI glasses and wearables.
Horizon Worlds continues its development, but VR sales have stagnated while smart glasses sales triple in 2025.
Bosworth says Meta can invest in VR, glasses, and AI simultaneously, countering the narrative of a total shift.

History

Historical Context

Facebook's acquisition of Oculus VR for $2 billion in 2014 marked a pivotal moment in the evolution of virtual reality, following the Oculus Rift's successful Kickstarter campaign in 2012. This investment aimed to enhance social interaction through immersive experiences. As of 2023, Meta's focus has shifted towards AI glasses, reflecting a broader industry trend towards wearable technology, alongside competitors like Apple and Google.

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Story summary

Meta's Chief Technology Officer Andrew Bosworth says VR is not being abandoned amid reports of a potential 30% metaverse budget cut.
The company is reallocating some investment from the metaverse to AI glasses and wearables.
Horizon Worlds continues its development, but VR sales have stagnated while smart glasses sales triple in 2025.
Bosworth says Meta can invest in VR, glasses, and AI simultaneously, countering the narrative of a total shift.

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