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The new AI Action Plan, which includes some 90 recommendations, aims to loosen environmental rules and vastly expand AI software and hardware exports to allies (Reuters)

Reuters : The new AI Action Plan, which includes some 90 recommendations, aims to loosen environmental rules and vastly expand AI softwar...

31 July 2024

Meta's Reality Labs posts Q2 revenue up 28% YoY of $353M, vs. $371M est., and operating loss of $4.48B, vs. $4.55B est.; Reality Labs has lost ~$50B since 2020 (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
Meta's Reality Labs posts Q2 revenue up 28% YoY of $353M, vs. $371M est., and operating loss of $4.48B, vs. $4.55B est.; Reality Labs has lost ~$50B since 2020  —  Meta's ambitious plans to develop the metaverse is still costing the company billions of dollars a quarter.

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