To understand how Meta Platforms is losing billions of dollars per year building the metaverse, consider this: Apple has about 3,000 employees working on its mixed reality headset, expected to be released next year, according to two people familiar with the matter. Meta, in contrast, has more than five times as many people working on multiple virtual reality headsets, augmented reality glasses and associated software.
Those include about 2,400 people working in a research team led by the division’s chief scientist, Michael Abrash, according to a person familiar with the situation. Another 1,900 people are working on content such as the Horizon Worlds virtual reality social network, reporting into Vishal Shah, head of the metaverse team, according to internal company data viewed by The Information.
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