According to Bloomberg, tech giant Meta CEO Mark Zuckerberg is significantly scaling back the company's investment in the metaverse sector. The company has invested billions of dollars in virtual reality (VR) and augmented reality (AR) projects, but will now reduce funding for its Reality Labs division, which is responsible for metaverse development. This means that the division's spending will be cut by nearly 20% over the next few years. Previously, Meta's metaverse projects suffered significant losses, with Reality Labs burning through more than $40 billion. Meanwhile, Meta is allocating more resources to the field of artificial intelligence, planning to expand AI research and infrastructure development.