Meta Is Set to Top $100 Billion on Investment in VR & Smart Glasses

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Social networking firm, Meta is on course to top $100 billion worth of investment into augmented and virtual reality as the company pushes its smart glasses.

This comes as CEO Mark Zuckerberg described this year as the “defining year” for smart glasses as investment into the VR and AR segment has already exceeded $80 billion since the company launched the initiative in 2014, according to the Financial Times calculations and analyst estimates.

Meta targets to add another $20 billion this year

VR0,24%
VIRTUAL-0,65%
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