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Meta, the corporate behind Fb, lately launched a Digital Actuality (VR) subscription service, providing paying customers entry to 2 new video games every month.
Regardless of reporting a $4 billion loss in its VR unit for the primary quarter of the yr, the corporate stays aggressive, particularly with tech giants like Apple coming into the fray with their much-anticipated blended actuality headset.
Meta’s subscription service, named Meta Quest+, is priced at $7.99 monthly or $59.99 yearly. It’s suitable with the Quest 2, Quest Professional, and the forthcoming Quest 3 headsets.
This transfer comes after Meta CEO Mark Zuckerberg introduced in 2021 the corporate’s formidable plans to create a metaverse—a digital world the place individuals can work together, work, and play. Zuckerberg considers Synthetic Intelligence (AI) as pivotal for unlocking the potential of the metaverse, saying a number of formidable AI tasks final February.
Regardless of the losses in its Actuality Labs division—the arm answerable for VR headsets—the corporate total surpassed market expectations, posting a $5.7 billion revenue for the primary quarter of this yr.
In distinction, Apple’s Imaginative and prescient Professional blended actuality headset, unveiled earlier this month, is priced at $3,499 and is anticipated to launch in the USA early subsequent yr.
This makes it considerably dearer than Meta’s vary of VR headsets, that are priced between $299.99 and $999.99. This aggressive panorama suggests an accelerating race to dominate the rising area of digital and blended realities.
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