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 buys smart lensmaker Luxexcel: What the acquisition means and more – Times of India

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

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