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Meta's Reality Labs posted a $4.2 billion operating loss in Q1 2025. According to CNBC, cumulative losses since 2020 now exceed $60 billion. From the report: Meta's Reality Labs unit is responsible for the company's Quest-branded virtual reality headsets and Ray-Ban Meta Smart Glasses. It's the key business unit that anchors CEO Mark Zuckerberg's plans to build a new computing platform involving digital worlds accessible via VR and augmented reality devices. [...] Wall Street has questioned Meta's big spending on the metaverse, which Zuckerberg has said could take many years to turn into a real business. The company must now also contend with sweeping new tariffs from President Donald Trump and the likely increase in costs that will follow, potentially leading to higher-priced devices. Last week, Meta said that an unspecified number of Reality Labs employees were laid off. Those workers were part of the Oculus Studios unit, which creates VR and AR games and content for Quest VR headsets.

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Seriously, HTF does Reality Labs bleed SIXTY BILLION US DOLLARS in FIVE years?

Meta's Reality Labs division continued its losing streak with another $4.2 billion down the drain in the first quarter of 2025. CEO Mark Zuckerberg's stated priorities on Wednesday's earnings call suggest his metaverse dream is well and truly over.…

Sam Altman's eye-scanning identity project, now called World, officially launched in the U.S. with six in-person registration sites. CNBC reports: Here's how it works: You go up to an Orb, a spherical biometric device, and it spends about 30 seconds scanning your face and iris, then creates and stores a unique "IrisCode" for you verifying that you're a human and that you've never signed up before. Then you get some of the project's cryptocurrency, WLD, for free, and you can use your World ID as a sign-in with integrated platforms, which currently include an open API integration with Minecraft, Reddit, Telegram, Shopify and Discord. Starting Thursday, the company is opening six flagship U.S. retail locations where people can sign up to have their eyeball scanned: Austin, Atlanta, Los Angeles, Nashville, Miami and San Francisco. At an event in San Francisco on Wednesday, the venture announced two high-profile partnerships: Visa will introduce the "World Visa card" this summer, available only to people who have had their irises scanned by World, and the online dating giant Match Group will begin a pilot program testing out World ID and some age verification tools with Tinder in Japan.

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Why optimize code when you can just start running sooner?

Microsoft later this month plans to begin loading Word shortly after folks' computers begin booting up – to "optimize performance" or at least improve their perception of it.…

An anonymous reader quotes a report from CBS News: The House of Representatives on Thursday voted to block California from implementing plans to block new sales of gas-powered vehicles in a decade. In a 246-164 vote, members approved House Joint Resolution 88, which seeks to withdraw a waiver granted by the Environmental Protection Agency to California during the Biden administration to implement the ban. Thirty-five Democrats joined 211 Republicans in backing the measure. [...] The House also approved two other measures which withdraw waivers on the state's plans to increase sales of zero-emissions trucks in a 231-191 vote, along with the state's latest nitrogen oxide emission standards for engines in a 225-196 vote. Following Thursday's vote, Newsom's office issued a statement saying the House illegally used the Congressional Review Act (CRA) to repeal the state's Clean Air Act waivers. The governor's office also said the move contradicts the Government Accountability Office and Senate Parliamentarian who have ruled the CRA does not apply to the state's waivers. "Trump Republicans are hellbent on making California smoggy again. Clean air didn't used to be political. In fact, we can thank Ronald Reagan and Richard Nixon for our decades-old authority to clean our air," Newsom said. "The only thing that's changed is that big polluters and the right-wing propaganda machine have succeeded in buying off the Republican Party -- and now the House is using a tactic that the Senate's own parliamentarian has said is lawless. Our vehicles program helps clean the air for all Californians, and we'll continue defending it." Sen. Alex Padilla (D-California) said in a statement: "House Republicans' misguided and cynical attempts to gut the Clean Air Act and undercut California's climate leadership ignores the reality of California's strength as the fourth largest economy in the world... ... If Senate Republicans take up these measures under the Congressional Review Act, they will be going nuclear by overruling the Parliamentarian, all to baselessly attack California."

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This time criminals targeted partner’s third-party software

It's more bad news from Ascension Health which is informing some of its patients, potentially for the second time in the space of a year, that their medical data was compromised during a major cyberattack.…

Nature: A forthcoming policy from the US National Institutes of Health (NIH) will target - and at least temporarily stop -- funding to laboratories and hospitals outside the United States, threatening thousands of global-health projects and international collaborations on topics such as emerging infectious diseases and cancer. The NIH, the world's largest funder of biomedical research, plans to release the policy in the next week. Some agency staff members have already been instructed to hold funds for foreign institutions that are part of both new research grants and grants coming up for renewal, according to multiple agency employees who spoke to Nature under the condition of anonymity because they are not authorized to speak to the press.

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Keep plugging those LLMs into your apps, folks. This neural network told me it'll be fine

Some smart cookies have found that when AI models face a conflict between telling the truth or accomplishing a specific goal, they lie more than 50 percent of the time.…

Chinese scientists have achieved a significant nuclear breakthrough by successfully refueling a thorium-based reactor while it remains operational, according to reports from Chinese state media. The experimental 2-megawatt thermal reactor, which came online in June 2024, represents the revival of technology originally developed and abandoned by the United States in the mid-20th century. The milestone was revealed during a closed meeting at the Chinese Academy of Sciences, where project leaders shared results demonstrating the reactor's ability to be refueled without shutdown -- a capability conventional uranium reactors lack. Though small compared to MIT's 6-megawatt research reactor, this achievement shows China's accelerating nuclear ambitions. The country has surpassed France in nuclear generation and recently approved 10 new reactors worth over $27 billion in investment. This thorium reactor joins other revived nuclear concepts, including molten-salt cooling systems and high-temperature gas reactors, as developers look to the past for solutions to advance nuclear energy's future.

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Whole thing gonna be a real PITA for tech sector, says ABI Research

World War Fee US tariffs - should they go ahead - are likely to result in price bumps for essential components and construction materials in the datacenter industry, and may even cost America its lead in the AI race as investments are paused or canceled.…

A "small percentage" of Google's users in the US will begin seeing an AI Mode tab in Google Search "in the coming weeks," the company said Thursday, marking the tool's first deployment outside the company's experimental Labs environment. Unlike traditional search results that display URLs based on user queries, AI Mode generates conversational responses from Google's search index. The feature will appear as a dedicated tab positioned before the standard "All," "Images," and other search filters. The deployment represents Google's direct challenge to LLM-powered search engines like Perplexity and ChatGPT. AI Mode differs from existing AI Overviews in Google Search, which merely insert AI summaries between the search box and web results.

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Will the personal assistant shop for groceries? Or get hijacked by a teen?

RSAC If Amazon's Alexa+ works as intended, it could show how an AI assistant helps with everyday tasks like making dinner reservations or arranging an oven repair. Or things could go terribly wrong: it might turn on the oven and turn dinner plans into a house fire.…

An anonymous reader shares a report: The video game website Polygon has been sold to click-farm powerhouse Valnet and much of its masthead has been laid off, Kotaku has learned. The sale was subsequently announced in a press release. Multiple staff members have posted online about losing their jobs or about colleagues now being out of work.

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New plan may remain too restrictive for some developers

Redis, the company behind the popular value-key database of the same name, has returned its main system to an open source license, although the move failed to satisfy some critics.…

Amazon CEO Andy Jassy has this week sounded the alarm on AI adoption speeds. Though self-described as an AI optimist, Jassy cautioned that this technological shift "may be quicker than other technology transitions in the past." Jassy pointed directly to declining education quality as "one of the biggest problems" facing AI implementation, not the technology itself. He questioned whether schools are adequately preparing students for future tool use, including coding applications.

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Nvidia publicly criticized AI startup Anthropic on Thursday over claims about Chinese smuggling tactics, just days before the Biden-era "AI Diffusion Rule" takes effect on May 15. The confrontation highlights growing tensions between AI hardware providers and model developers over export controls. "American firms should focus on innovation and rise to the challenge, rather than tell tall tales that large, heavy, and sensitive electronics are somehow smuggled in 'baby bumps' or 'alongside live lobsters,'" an Nvidia spokesperson said, responding to Anthropic's Wednesday blog post. The Amazon and Google-backed AI startup had called for tighter restrictions and enforcement, arguing that "maintaining America's compute advantage through export controls is essential for national security." Anthropic specifically proposed lowering export thresholds for Tier 2 countries to prevent China from gaining ground in AI development. Nvidia countered that policy shouldn't be used to limit competitiveness: "China, with half of the world's AI researchers, has highly capable AI experts at every layer of the AI stack. America cannot manipulate regulators to capture victory in AI."

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Xitter sheds EU users. Musk's Grok suggests 'misinformation, hate speech, and a perceived decline in content moderation' to blame

Everything is super, over at X (the social media service formerly known as Twitter), which has shed around 10 percent of its European users in the past six months.…

Meta has eliminated key privacy protections for Ray-Ban Meta smart glasses users in a policy update that took effect April 29th. The company now permanently enables Meta AI with camera functionality unless "Hey Meta" voice commands are completely disabled, while simultaneously removing users' ability to opt out of having their voice recordings stored in the cloud. These recordings are kept for up to a year for Meta's product development, with the company only deleting accidental voice interactions after 90 days. Users can manually delete individual recordings but cannot prevent the initial collection.

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Microsoft is raising prices for Xbox consoles globally, with the flagship Series X jumping $100 to $599.99 in the US. The more affordable Series S will increase by $80 to $379.99, while game prices will reach $80 later this year. The company cited "market conditions and the rising cost of development" in a statement, adding that it continues to focus on "offering more ways to play more games across any screen and ensuring value for Xbox players."

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McKinsey warns datacenter binge could overshoot actual demand as execs scramble to keep up with hype

A report from consultancy McKinsey & Company highlights the widespread unease over AI, pointing to the bewildering sums being invested into infrastructure to support it, while warning that forecasts of future demand are based on little more than guesswork.…