– the Meta chief has been out to reverse his social media empire's fortunes after a pretty disastrous period.last year, coupled with rising public sentiment that the metaverse was destined for the dumpster, some felt the company was stuck in a downward spiral.
"We've already seen a number of examples of how our leaner organization and some of the cultural changes that we've made can build higher quality products faster, and this is probably the biggest example so far," Zuckerberg said.a serious rival to OpenAI's GPT-4 The result has been a 7% increase in time spent on the platform."This improves the experience because you can now discover things that you might not have otherwise followed or come across," he added.metaverse ambitionsAlthough losses at Reality Labs – the business unit at Meta tasked with turning the vision of a virtual world into a reality – have now topped $40 billion,, Wall Street has been able to breathe a sigh of relief after revenue growth picked up again.