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- In a year, the metaverse went from Meta CEO Mark Zuckerberg's obsession to rarely being mentioned.
- Reality Labs is expected to be hit with a new round of layoffs that will affect 10,000 employees.
- AI, which can improve Meta's advertising business, is now its "single largest investment."
About a year ago, Meta CEO Mark Zuckerberg couldn't stop talking about the metaverse, saying it was no less than the future of his entire company. He renamed the company in honor of these ambitions. Today, it's a relative blip when he speaks publicly.