>They're investing massive amounts of money, and they seem to be miles ahead of everyone else (well, it doesn't seem like there is anyone else).
Who are they ahead of? They have a standalone headset which has fairly limited performance, and FB Horizons which looks like something you could make in Unity in a few days. With things like VRChat, Neos, Cluster, and others available, they definitely aren't ahead and are lagging very far behind in my opinion. Their increasingly poor reputation will even limit what they can do in a VR/AR space.
Who are they ahead of? They have a standalone headset which has fairly limited performance, and FB Horizons which looks like something you could make in Unity in a few days. With things like VRChat, Neos, Cluster, and others available, they definitely aren't ahead and are lagging very far behind in my opinion. Their increasingly poor reputation will even limit what they can do in a VR/AR space.