Odaily Planet Daily News Vishal Shah, Meta's metaverse vice president, said that the company is producing new first-party games through a new internal studio called Ouro Interactive, which he said is taking advantage of new technological advances to produce " A better looking and immersive experience". According to Shah, the platform also hopes to better push billions of mobile gamers around the world into the metaverse by bringing Horizon Worlds to app stores. Zuckerberg affirmed Meta's commitment to AI and the Metaverse during an earnings call this week, saying they were both "major priorities" that now "overlap and complement each other." Still, the company's Reality Labs division has an operating loss of $3.7 billion in the second quarter of 2023 and will continue to add to that due to new products being developed. (Coindesk)