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Reading: Meta to shutter Horizon Worlds metaverse on VR in favor of mobile
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Your Crypto News Today > Metaverse > Meta to shutter Horizon Worlds metaverse on VR in favor of mobile
Metaverse

Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

March 18, 2026 4 Min Read
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  • Actuality Labs racks up $80 billion in losses since 2020
  • Metaverse tokens have melted

Meta Platforms will shut down its Horizon Worlds metaverse for digital actuality customers in June, pivoting to a mobile-only expertise because it retreats from the aggressive metaverse push it championed simply 5 years in the past.

Shoppers will not be capable to construct, publish, or replace digital actuality worlds, or entry the Horizon Worlds metaverse on Meta Quest headsets, from June 15, the corporate stated in a Tuesday weblog publish.

Horizon Worlds launched in late 2021 as a VR-only, on-line multiplayer platform the place customers can construct and publish digital environments and video games, and work together with others as avatars.

Screenshot of a gamer enjoying in Horizon Worlds. Supply: YouTube

Nonetheless, Meta reportedly began to experiment with Horizon Worlds as a cellular platform in 2025, in accordance with Samantha Ryan, the VP of content material at Actuality Labs, who stated in February it could be “shifting the main focus of Worlds to be virtually completely cellular.”

Horizon Worlds’ rivals, akin to Fortnite and Roblox, which are a magnet for 1.3 million and 144 million each day energetic customers, respectively, function on PC, console, and cellular platforms. Fortnite has by no means formally developed its recreation for VR, whereas Roblox has supplied a VR app since July 2023, although not all worlds are VR-compatible.

Meta’s choice to refocus Horizon Worlds comes simply 5 years after Meta CEO Mark Zuckerberg pivoted the corporate in direction of the metaverse, even altering its identify from Fb to Meta. These ambitions, nevertheless, haven’t translated into earnings for the agency.

Actuality Labs racks up $80 billion in losses since 2020

Meta’s Actuality Labs division racked up a document $6 billion in losses for the fourth quarter of 2025, and cumulative losses for its metaverse division whole virtually $80 billion since 2020.

In January, Meta eradicated 1,000 jobs from Actuality Labs whereas shuttering a few of its virtual-reality recreation and content material studios.

On the time, Actuality Labs chief expertise officer Andrew Bosworth stated the corporate would primarily give attention to cellular experiences as a substitute of totally immersive digital worlds accessed through headsets.

In the meantime, Meta inventory jumped 3% on Monday following a speculative Reuters report on Friday claiming that the corporate is “planning sweeping layoffs” that would have an effect on 20% or extra of its workforce. The transfer would reportedly offset spending on AI infrastructure and augmented-reality wearables.

A Meta spokesperson instructed CNBC that this was a “speculative report about theoretical approaches.”

It will, nevertheless, play right into a broader development of tech corporations axing workers to give attention to AI.

Metaverse tokens have melted

The blockchain-based metaverse was as soon as additionally a speaking level within the crypto trade in 2021, however has since pale into obscurity together with many different developments which have been eclipsed by the most recent AI hype.

Main blockchain-based gamers akin to Axie Infinity (AXS), The Sandbox (SAND), and Decentraland (MANA) have all seen their respective tokens tank between 98% and 99% from their all-time highs in November 2021, in accordance with CoinGecko.

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