Mark Zuckerberg at the Paley Center For Media on October 25, 2019
Meta CEO Mark Zuckerberg.
  • Mark Zuckerberg denied that Meta was pivoting its focus from the metaverse to AI.
  • "We've been focusing on both AI and the Metaverse for years now, and we will continue to focus on both," he said.
  • The division that houses Meta's AR and VR projects posted a $4 billion loss in the first quarter.

Meta CEO Mark Zuckerberg says he isn't abandoning the metaverse, even as the division of the company that manages its virtual and augmented reality projects lost $4 billion in the first quarter.