Meta’s “single largest investment” is now AI, not the metaverse

In a stark contrast to its promise to deliver on the metaverse that led it to change its name at the end of 2021, Facebook and Instagram’s parent company Meta has announced an unsurprising shift in direction.

In a letter to employees, Meta CEO Mark Zuckerberg announced that the company’s “single largest investment” is now in advancing its AI strategy.

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