Cornerstone and Meta announce a strategic partnership to deliver AI-powered immersive learning.
Cornerstone, a workforce agility solutions provider, has partnered with Meta to enhance its AI-powered immersive learning and extended reality (XR) capabilities. Announced as part of Meta Innovation Day, the partnership aims to democratize immersive learning within the enterprise space. This will prioritize the integration of Meta’s AI advancements and adoption of Meta’s core XR technologies and devices.
“Meta is committed to the accessibility of extended reality and artificial intelligence.” Cornerstone CEO Himanshu Palsule.
Democratized access is key to scaling this technology, which is reaching critical mass thanks to continued investment and innovation on both the hardware and software sides. Cornerstone Immerse and Immerse Companion are scaling content creation for personalized, human, or ‘soft’ skills training thanks to GenAI, and we are excited to continue working with Meta to advance this technology with Meta’s platform and hardware.”
With Cornerstone’s 25 years of expertise in learning and talent development and Meta’s XR and AI advancements, the companies highlight that this partnership seeks to create new opportunities for organizations to close workforce readiness gaps and increase workforce agility. do.
Cornerstone confirms that Meta’s commitment to publicly share AI research sets an industry standard, and both companies express their commitment to ethical and responsible AI.
At Meta Headquarters on November 5th Karthik Suri, Chief Product Officer at CornerstoneIt will showcase workforce agility and immersive learning experiences, including a live demonstration of Cornerstone Immerse.
Why Zuckerberg is increasing investment in the multibillion-dollar Bleeding Reality Labs sector
Meta shared its third quarter results in its recent public earnings call, highlighting its operational success. During the quarter, the company’s total revenue reached $40.6 billion, an increase of approximately 19%.
Susan Li, Chief Financial Officer of MetaWe confirmed that the company is actively driving growth through strategic hiring in critical areas such as Monetization, Infrastructure, Reality Labs, Generative AI, and Compliance.
Despite its role as a growth driver, Reality Labs reported an operating loss of $4.4 billion in the quarter, extending its previous loss trend. The division has historically been loss-making due to Meta’s extensive investments in XR technologies, including VR headsets and smart glasses. Reality Labs’ expenses increased 19% year-over-year to $4.7 billion, primarily due to increased investments in personnel and infrastructure.