It's been ten years since Meta – then Facebook – bought emerging VR start-up Oculus and, in turn, formed its Reality Labs division. Since the Oculus purchase in 2014, the firm has released numerous headsets, most notably the Quest range, which now includes mixed and virtual reality products. Moreover, in 2023, Meta sees partnerships with various large-scale companies to scale its immersive solutions, notably through a Ray-Ban collaboration over smart glasses and a recent alliance with LG to create unconfirmed AI-ready XR products.