andrew bosworth

Facebook-parent Meta buys smart lensmaker Luxexcel: What the acquisition means and more – Times of India

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Facebook-parent Meta has acquired Luxexcel, a company that makes 3D-printing prescription lenses for smart glasses, as it continues to invest in augmented reality (AR) space. The acquisition of the Netherlands-based company will help the company’s bid to strengthen the work done by Reality Labs – the company’s business that produces virtual reality (VR) and AR … Read more

Meta Reality Labs puts ‘about half’ of operating expenses into AR – Times of India

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Meta is directing “about half” of its Reality Labs‘ operating expenses toward augmented reality (AR) and is committed to its vision for the future.As shown in the company’s quarter 3 (Q3) results, about 80 percent of Meta’s total investments support the core business, and the remaining 20 percent goes to Reality Labs, Andrew Bosworth, Meta’s … Read more