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Meta’s Reality Labs’ Losses Exceed $21 Billion in Just Over a Year

Meta's Reality Labs' Losses Exceed $21 Billion in Just Over a Year

On Wednesday, during the second-quarter earnings report, Meta revealed significant financial challenges within its Reality Labs division. The unit, responsible for developing cutting-edge virtual reality and augmented reality technologies essential for fueling the metaverse, recorded a substantial operating loss of $3.7 billion. During the second quarter, the unit’s sales in ...

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Elon Musk Unveils His Latest Venture: xAI

Elon Musk Unveils His Latest Venture xAI

In a significant development, Elon Musk, renowned CEO of Tesla and SpaceX, and the owner of Twitter, made a groundbreaking announcement on Wednesday. He introduced the world to xAI, an innovative artificial intelligence company driven by the ambition to unravel the mysteries of the universe and gain a deep understanding ...

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Signing up for Threads, Meta’s Twitter Competitor

Signing up for Threads, Meta's Twitter Competitor

Meta is set to launch Threads, its highly anticipated text-based Twitter competitor, on Wednesday night. However, if you’re eager to stay ahead of the game, there is a way to secure your invitation and gain early access to this exciting platform. Shortly after Elon Musk announced that Twitter would be ...

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Tesla Achieves Impressive Q2 Results: Records 466,140 Deliveries and Manufactures 479,700 Vehicles

Tesla Achieves Impressive Q2 Results Records 466,140 Deliveries and Manufactures 479,700 Vehicles

On Sunday, Tesla unveiled its highly anticipated second-quarter vehicle production and delivery report for the year 2023. The results exceeded the expectations of analysts, as the company reported a total of 466,140 deliveries during Q2. In addition, Tesla’s production figures were equally impressive, reaching a total of 479,700 vehicles manufactured ...

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