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deep tech TechSpot July 31, 2026

Meta's Reality Labs division lost $4.6 billion in Q2 2026, pushing total losses toward $88 billion

Meta's Reality Labs division lost $4.6 billion in Q2 2026, pushing total losses toward $88 billion
AI Summary

Meta's earnings report for the second quarter of 2026 primarily focuses on the company's AI and smart-glasses-related ambitions, but buried in the numbers is yet another multi-billion-dollar loss from the Reality Labs division. Meta may have shifted priorities, but it has apparently not completely given up on the dream of...

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