Meta Launches New AI Initiative Post-Metaverse

Meta Launches Initiative to Support Small Businesses and AI Adoption

• Mark Zuckerberg announced the launch of Meta Small Business, aiming to support entrepreneurship and accelerate AI adoption.
• The initiative is led by Dina Powell McCormick and Naomi Gleit, focusing on developing tools across Facebook, Instagram, and WhatsApp.
• This move aligns with Meta’s intensified focus on artificial intelligence as it scales back on its metaverse ambitions.
• Meta plans to retire Horizon Worlds on Quest VR headsets by June 15 due to low user engagement since its late 2021 launch.
• The company’s growth strategy now prioritizes mobile and web applications over virtual reality platforms.

Meta shifts its focus towards artificial intelligence with the launch of Meta Small Business, while reducing emphasis on virtual reality projects like Horizon Worlds.