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== Metaverse Reality Labs ==
== Metaverse Reality Labs ==
June 1, 2023: CEO Mark Zuckerberg reveals Quest 3, whose price will start from $499. Meta Quest 3 will be 40% thinner than the previous device and will have color-mixed reality. It will also have better displays and resolution. Nevertheless, it  combines augmented and virtual reality (AR/VR) elements. Meta dominates the AR/VR market with 80% market share, having sold around 80% of the 8.8 million headsets sold in 2022-according to research firm IDC<ref>https://finance.yahoo.com/news/metas-zuckerberg-unveils-quest-3-141344850.html</ref>.
On February 28, Meta released its roadmap for AR/VR in the next 4 years. Here are the main things from the presentation<ref>https://www.theverge.com/2023/2/28/23619730/meta-vr-oculus-ar-glasses-smartwatch-plans</ref>.
On February 28, Meta released its roadmap for AR/VR in the next 4 years. Here are the main things from the presentation<ref>https://www.theverge.com/2023/2/28/23619730/meta-vr-oculus-ar-glasses-smartwatch-plans</ref>.