PICO response will be suspended: false information, still operating normally
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On October 24th, as the popularity of the metaverse decreases, the direction of VR/XR related technology enterprises has become the focus of industry attention. Recently, it was pointed out that "the VR giant PICO will be gradually shut down, and ByteDance will give up the metauniverse"
On October 24th, as the popularity of the metaverse decreases, the direction of VR/XR related technology enterprises has become the focus of industry attention. Recently, it was pointed out that "the VR giant PICO will be gradually shut down, and ByteDance will give up the metauniverse".
In response to this, PICO responded to reporters, "The information is not accurate. PICO is operating normally and the company will invest in XR business for the long term
In addition, in response to the news that "nearly half of PICO's employees have left and multiple executives have resigned and transferred", PICO stated that "the company will maintain normal product operation and continue to strengthen investment in product technology
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