Armature Studio

Entity category: ORGANIZATION

AI & Tech

The Metaverse Dream Is Fading

Meta is dramatically scaling back its metaverse ambitions after massive financial losses, shifting strategic focus and resources toward artificial intelligence…

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Artificial Intelligence

Meta Reportedly Cutting 10% of Reality Labs Workforce

Meta is laying off approximately 10% of its Reality Labs workforce, impacting over a thousand employees and signaling a strategic…

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BigTech Companies

Meta Shuts Down Three VR Studios in Metaverse Cuts

Meta is laying off about 10% of its Reality Labs workforce and closing several VR game studios, including Twisted Pixel,…

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