Qualcomm and Meta have signed a multi-year agreement promising to team up on custom versions of Qualcomm's Snapdragon XR chips for the "future roadmap of Quest products" and "other devices," as Mark Zuckerberg put it.

While, in some ways, the move is business as usual — the Quest 2 is powered by the Snapdragon XR2 chipset — it could provide insight into Meta's compromises as it faces declines in revenue and tries to keep the spiraling expenses of Mark's metaverse project in check.

What the Qualcomm deal shows is that Meta's upcoming headsets, which reportedly include a high-end headset codenamed Cambria and, later, new versions of...

Continue reading…