Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features.

As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which focused on virtual reality and metaverse products, Bloomberg reports. The company will refocus on developing wearables,

Brazil's competition watchdog has ordered WhatsApp to put on hold its policy that bars third-party AI companies from using its business API to offer chatbots on the app. The agency has also started an investigation against the company to determine if the policy is anti-competitive.

Now, the tech giant appears to be making good on that promise. On Monday, CEO Mark Zuckerberg announced the launch of Meta Compute, a new initiative designed to bolster the tech giant’s AI infrastructure. Zuckerberg said the company intended to drastically expand its energy footprint in the coming years.

Meta has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media company's global fleet of data centers and supplier partnerships in its pursuit of superintelligence.

Meta has announced a new set of partnerships that will expand the operation of three nuclear power plants in the U.S., in order to meet its growing power requirements and facilitate its development goals. Which, primarily, means more power for AI, and more nuclear energy to power Meta’s next-level AI push.

Meta has been investing heavily in infrastructure to fuel its AI "superintelligence" ambitions. The company also recently announced three agreements to buy massive amounts of nuclear power to help power its data centers. Zuckerberg has previously said he expects Meta to spend $600 billion on AI infrastructure and jobs by 2028.

Meta Platforms Inc. agreed to a series of electricity deals to power data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers.

Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.

Meta Platforms announced a deal with Oklo, Vista, and TerraPower to power its AI buildout. Nuclear energy stocks surged on the news.

BofA notes that Meta’s 2026 expense guide and the new LLM launch in early 2026 will remain major areas of focus for the company. Analysts highlight that despite cost-cutting measures in non-AI divisions, the AI growth cycle is too large and “still early to expect any pullback on spend.”