Meta is scaling back its plans for its augmented reality (AR) glasses and is pivoting its Portal smart display device away from the consumer market, according to a new report from The Information.
The report notes that the company had originally planned to launch the first version of its AR glasses, which are codenamed Project Nazare, in 2024. However, employees have been notified that Meta no longer plans to commercially release the AR glasses due to efforts to cut back on heavy investments in its Reality Labs and AR/VR division.
A person familiar with the matter told The Information that the
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