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Following the announcement of Meta’s second-quarter earnings report, Meta CEO Mark Zuckerberg made various statements regarding the company’s investments in the Metaverse. Despite suffering billions of dollars in losses from its Metaverse investments so far, Zuckerberg stated that the company will continue its Metaverse investments and remain committed to the Metaverse vision.
Statements from Meta CEO Zuckerberg
With Meta’s significant investments in the Metaverse ecosystem, Metaverse projects quickly gained popularity. During this process, the number of projects developed in the Metaverse field increased rapidly, and many corporate companies made important moves to make various investments in this field. Meta was one of the companies that carried out the most intense efforts in this regard.
However, Meta, which has made significant investments in this field in recent years, has suffered billions of dollars in losses from its Metaverse investments so far. Following the announcement of Meta’s second-quarter earnings report, Zuckerberg spoke to the press about the company’s Metaverse investments.
Are the Company’s Metaverse Investments Coming to an End?
Although the concept of Metaverse and the projects developed in this field have recently gained intense attention again, the rapid rise of the artificial intelligence chatbot ChatGPT developed by OpenAI caused attention to turn towards artificial intelligence projects. Indeed, Meta has suffered billions of dollars in losses from its Metaverse investments so far.
Following the announcement of Meta’s second-quarter earnings report, Meta CEO Mark Zuckerberg made statements on the subject and also touched on their investments in artificial intelligence and the Metaverse field:
“We continue to invest in artificial intelligence. We also remain fully committed to the Metaverse vision. We have been working in parallel on these two major priorities for many years, and in many ways, these two areas overlap and complement each other.”
