• Bay Area Times
  • Posts
  • Meta said to plan 30% metaverse cuts, shifting focus to AI wearables

Meta said to plan 30% metaverse cuts, shifting focus to AI wearables

Author

Bay Area Times
December 05, 2025

Brought to you by:

Top stories today:

  1. Meta said to plan 30% metaverse cuts, shifting focus to AI wearables
  2. Yann LeCun says Meta won’t fund his AI startup, hints at Paris base
  3. Google’s Gemini 3 Deep Think debuts for AI Ultra subscribers
  4. Netflix said to enter exclusive talks for Warner Bros.
  5. Phoebe Gates, Bill Gates’daughter, raises $30M for Phia at $180M
  6. Apple announces retiring of general counsel, policy chief

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. Meta said to plan 30% metaverse cuts, shifting focus to AI wearables

Representational image generated using ChatGPT.

  • Savings would be reallocated to Reality Labs’ next-gen projects, Meta said.

  • “We are shifting some of our investment from metaverse toward AI glasses and wearables given the momentum there,” a Meta spokesperson said.

  • The cuts are part of Meta’s 2026 budget planning.

  • Target ~10% reductions across the board, Zuckerberg has reportedly asked executives.

2. Yann LeCun says Meta won’t fund his upcoming AI startup, hints at Paris base

  • The startup will focus on advanced machine intelligence trained on visual and other sensory data.

  • “We still don’t have a robot that can do what a five-year-old can,” LeCun said at the AI-Pulse event in Paris.

  • Nov.: LeCun described Meta as a “partner” to his new venture.

With Athyna, you get Forward Deployed Engineers who don’t just build software—

they embed into your team, understand your business, and deploy solutions that work right now.

Here’s what you get:

  • Modern tech stack expertise—engineers experienced in Python, TypeScript, React, Node.js, AWS, Kubernetes, Terraform, and more.

  • AI-powered matching that identifies engineers aligned to your stack, product, and use case—no guesswork, no mismatches.

  • 4-day turnaround—from brief to interviews, so you start shipping fast instead of waiting for hiring cycles.

  • Save up to $80k per year, per hire with top-tier global talent ready to deploy.

*Disclaimer: We have equity in Athyna.

4. Google’s Gemini 3 Deep Think debuts for AI Ultra subscribers

Gemini 3 Deep Think is currently leading the ARC-AGI-2 leaderboard for adaptability and efficiency:

Subscribe to keep reading

This content is free, but you must be subscribed to Bay Area Times to continue reading.

Already a subscriber?Sign in.Not now