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No pressure Steam Frame: Meta's mixed reality division is still haemorrhaging money, losing $4.6 billion in its…

Meta's Reality Labs division reported a loss of $4.6 billion in the second quarter of 2026, continuing a trend of significant financial losses. Despite revenue increases, spending heavily outweighs income, potentially due to R&D and hardware manufacturing costs. This financial situation is highlighted as Valve prepares to enter the VR market with its Steam Frame.

Retro GamerArticle tone: Very negative
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