Meta is accelerating its efforts in the VR market with the upcoming Quest 3, which is expected to incorporate technology from the Quest Pro. Leaked information suggests that the Quest 3 Lite will also be introduced. Despite the Quest 3 currently lagging behind Apple's Vision Pro, Meta's competitive pricing strategy could potentially surpass Apple's offering with a sub-$1k device. Additionally, Microsoft and Meta have announced a partnership aimed at challenging Apple's Vision Pro, as revealed at the Microsoft Build event. This collaboration aims to create new competition in the XR, AR, and VR spaces.