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Meta reduces metaverse investments, Horizon Worlds project on the Quest platform is terminated
ChainCatcher News: Meta announced that starting June 15, users will no longer be able to create, publish, or update virtual worlds on Meta Quest headsets, nor access Meta Horizon Worlds through the Quest headset. This virtual world feature will continue to be available on the Meta Horizon mobile app.
A Meta spokesperson cited a blog post from February of this year, which mentioned that the company is shifting its focus for Worlds to “almost entirely mobile-based.” Earlier in January, Meta laid off about 1,000 positions from its Reality Labs division and shut down some virtual reality games and content studios. Andrew Bosworth, head of Reality Labs and CTO, stated in an internal memo that Meta will mainly focus on mobile experiences rather than immersive virtual worlds accessed through headsets.
This move marks a further retreat from the metaverse strategy previously championed by Mark Zuckerberg. Reality Labs has shifted resources from VR gaming to wearable products aimed at advancing AI goals, including Ray-Ban Meta smart glasses.