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Story summary
- Meta Platforms, Inc. will shut down Horizon Worlds on Quest headsets March 31, with removal by June 15.
- The move follows layoffs in Reality Labs and nearly $80 billion in losses since 2020.
- Horizon Worlds was envisioned as a key part of Meta's metaverse strategy but struggled to attract users.
- Meta will shift resources from VR to artificial intelligence and move Horizon Worlds to a mobile-only app.
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