Meta AI (FAIR) — Cumulative Losses: $70 billion

Note: The claim specifically states 'Meta AI (FAIR)'s Cumulative Losses = $70B' with context about 'Reality Labs cumulative losses since late 2020.' The provided source article discusses Meta's January 2026 VR layoffs and pivot to AI, but contains no information about cumulative losses for Reality Labs or FAIR. The $70-72 billion figure mentioned in the source refers to 2025 capital expenditures, not cumulative losses. Since the source does not address the specific claim about cumulative losses, this cannot be verified from the provided text.