Meta Shuts Down Augmented Reality Studio Amid Pivot to Artificial Intelligence

Meta, known for its ambitions in augmented reality technology, has decided to close its augmented reality studio where various projects and products were being developed. This decision is part of a broader strategy to refocus on artificial intelligence. Currently, Meta is looking to enhance its technologies and increase its share in the rapidly emerging AI market. The studio's closure reflects shifts in the company's priorities as it is ready to change the course of its investments and resources.

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