News & Events

Facebook investing $50 million to build metaverse – Source CNET Tech

Facebook wants to create a virtual space for everyone

Facebook wants to create a virtual space for everyone. 


James Martin/CNET

Facebook made strides in both augmented reality and virtual reality with its Facebook Reality Labs. Now the social media platform wants to create virtual spaces and build its own metaverse

Facebook plans to invest $50 million to create a metaverse that it says will be “a set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you.” The money will be spent over two years through its XR Programs and Research…

Read More…

Source CNET Tech

Source link