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Meta CEO Mark Zuckerberg says Muse and Reality Labs are highly unprofitable — for now
Business Insider· 2026-10-22 05:40
Zuckerberg also struck a positive note about its cash-hemorrhaging Reality Labs division, which makes products like Meta Ray-Bans and virtual reality glasses. Reality Labs will narrow its losses to about $15 billion in 2027, down from the $18 to $19 billion it expects to lose this year. The division should start trending toward profitability next year, as Meta's AI systems make it more useful, Zuckerberg said. Meta says some of its biggest cash incinerators could finally start turning profits. The social me ...