Meta’s Strategic Shift: Closing VR Studios Amidst a Pivot Towards AI and Wearables
In a significant reshuffle of its Reality Labs division, Meta has announced the closure of three of its first-party virtual reality studios: Twisted Pixel Games, Sanzaru Games, and Armature Studio. This decision comes amidst a broader strategy shift as the company pivots from its ambitious metaverse projects to focus more on artificial intelligence and wearable…