A recent survey of game developers found that more than 50% of surveyed developers said they believe generative AI is a ...

Google's new AI tool creates interactive environments from text prompts and images. Shares of Take-Two, Roblox, and Unity recorded double-digit losses.

Unity Software rebounds after scrapping its pricing plan and revamping products, but profits lag. Read the full analysis here of U stock.

While many are still around, some have pivoted to other areas. Others have shuttered as revenue remains sparse, funding efforts have fallen flat, or the real world proved more interesting to consumers ...

Unity is allegedly introducing a new annual fee for its largest Enterprise users, requiring a "minimum commitment" of $250,000 to $2 million, depending on each game's revenue. It will reportedly be ...

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According to Bloomberg, Meta is cutting 30% of its metaverse budget. Its Reality Labs division is on track to lose close to $20 billion. Layoffs in 2022 helped ignite a boom in the stock. Zuckerberg's ...

View post: Florida's Historic February Freeze Shatters 117-Year Records and Creates Strange Sky Phenomenon Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus ...

As the Metaverse evolves beyond its early hype cycle, its real potential is becoming easier to see. Instead of standing alone, it’s increasingly tied to bigger shifts across tech, including advances ...

Bottom line: After burning tens of billions and stubbornly insisting the metaverse would eventually justify the cost, Mark Zuckerberg appears to be backing away from his most ambitious project. Once ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Meta Platforms Inc. is weighing significant cuts to the budget of its metaverse unit, Bloomberg and the New York Times reported today. The unit is responsible for the company’s Quest series of virtual ...