Meta has partnered with defense-tech startup Anduril to develop virtual and augmented reality devices for the U.S. Army, marking a significant collaboration following a previous contentious relationship between Meta CEO Mark Zuckerberg and Anduril founder Palmer Luckey. The partnership aims to enhance military capabilities while potentially securing a $100 million Army contract for their project, EagleEye, which improves soldiers' sensory perception.

Meta's Reality Labs has experienced significant financial losses, totaling over $60 billion since 2020, as it continues to invest heavily in virtual and augmented reality technologies. Despite these losses, the company remains committed to its vision for the future of immersive experiences.