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Meta lost $13.7 billion on Reality Labs in 2022 as Zuckerberg's metaverse bet gets pricier

Meta lost $13.7 billion on Reality Labs in 2022 as Zuckerberg's metaverse bet gets pricier

In its first full year as a separate business, Meta's Reality Labs unit racked up costs, closing with a $13.7 billion operating loss in the fourth quarter.

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