Business News Report

Meta Connect 2023: Mark Zuckerberg to Showcase AR/VR Innovations, Quest 3 and AI Insights

In Brief

At the upcoming Meta Connect, Mark Zuckerberg is poised to share his vision for the metaverse, highlighting a notable shift in what investors are focusing on – moving from AR/VR technologies to the emerging realm of AI.

As worries about overspending in the metaverse rise, developers are actively looking for prospects, while investors are eager for indications of the metaverse's viability.

meta connect 2023

Mark Zuckerberg, the head of Meta, is preparing to provide provide an in-depth update on his transformative vision for the metaverse, which he firmly believes is the next frontier in computing.

The revelation is set to take place at Meta Connect During this annual gathering, Zuckerberg will unveil his strategies in response to the changing interests of investors, particularly the shift from augmented and virtual reality (AR/VR) technologies to the growing allure of artificial intelligence.

What to Expect at Meta Connect 2023?

With past criticism Given the significant financial commitments made towards the metaverse, the stakes have never been higher. Developers and investors alike are keen to evaluate the potential of new hardware solutions, AI-driven virtual assistants, and ongoing projects within the metaverse. The extensive investment in the metaverse has resulted in considerable layoffs as Zuckerberg has relentlessly pursued funding for his forward-thinking vision.

Developers are eager to identify new opportunities to create applications that leverage Meta's latest hardware, including the upcoming Quest VR headset set to launch this autumn. At the same time, investors are watching closely for signs that the company’s metaverse ventures, which have accumulated incurred over $40 billion in losses since 2021, might soon offer substantial financial returns.

A standout moment in this event is expected to focus on AI-powered virtual assistants which will feature unique characters that Meta intends to incorporate into its platforms.

However, the highlight of the event is anticipated to be the unveiling of Quest 3. Meta has teased Quest 3 this new mixed-reality headset, which promises to be sleeker, more comfortable, and boast higher resolution, all at a retail price of $499.

Ahead of the event, Meta also introduced the mobile and web iterations of its flagship social VR platform, Horizon Worlds.

The two-day Meta Connect kicks off on September 27 at 10 AM PT / 1 PM ET. You can find the agenda here .

Disclaimer

In line with the Trust Project guidelines Before proceeding, please be aware that the information on this page should not be taken as legal, investment, financial, or any other type of advice. It is essential to invest solely what you can afford to lose and to seek independent financial consultation when in doubt. For further details, we encourage you to look into the terms, conditions, and support materials provided by the issuer or advertiser. MetaversePost is dedicated to delivering precise, impartial reporting, yet market dynamics can alter rapidly without prior notice.

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