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Metaโ€™s Reality Labs lost over $4.6 billion in second quarter

Meta's Reality Labs unit, which develops virtual reality devices and wearables powered by AI, lost $4.62 billion in the latest quarter. In its second-quarter earnings report on Wednesday, Meta said R

Metaโ€™s Reality Labs lost over $4.6 billion in second quarter
CNBC Earnings โ€” 29 July 2026
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Meta's Reality Labs unit, which develops virtual reality devices and wearables powered by AI, lost $4.62 billion in the latest quarter.

In its second

Read Full Story at CNBC Earnings โ†’
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