Meta shuts down AR studio to prioritize investing in AI
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Meta Platforms has decided to close its Augmented Reality (AR) studio to prioritize investments in other areas, including the thriving Artificial Intelligence (AI) business. The closing of Meta Spark studio is scheduled to end operations on January 14, 2025. This studio provides developers with digital filter creation capabilities used across Meta's various social platforms. Despite the studio closure, Meta will continue to offer AR effects and shift resources to projects for new generation devices such as glasses
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