The GuardianThe Guardian

Mark Zuckerberg’s metaverse vision is over. Can Apple save it?

By Alex Hern

21 May 2023 · 6 min read

Editor's Note

Meta’s Quest 2 VR headset is the market leader, capable of handling some of the most popular VR games available. But Meta itself appears to be losing interest in the metaverse, The Guardian reports.

In Meta’s quarterly earnings call in April, chief executive Mark Zuckerberg was on the defensive. The metaverse, the vision of a globe-spanning virtual reality that he had literally bet his multibillion-dollar empire on creating, had been usurped as the new hot thing by the growing hype around artificial intelligence (AI).

Critics had even noticed Meta itself changing its tune, highlighting the difference between a November statement from Zuckerberg, in which he described the project as a “high-priority growth area” and a March note that instead focused on how “advancing AI” was the company’s “single largest investment”.

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