Nn Biz: Facebook Metaverse

In Facebooks Washington DC office the metaverse is already a full-on political push. Today Facebook announced the XR Programs and Research Fund a two-year initiative to fund both its own.

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Facebooks goal here is to make sure it builds a Metaverse thats compatible with other services as well as one that has an eye toward inclusivity privacy safety and economic opportunity.

Facebook metaverse. Facebook promises to create 10000 new jobs with its metaverse This with the aim of building a new technological platform in the next five years. This concept looks to incorporate virtual reality VR headsets into. Facebook has announced that it will invest 50 million into a fund that focuses on metaverse research according to a post published on Sept 27.

Andrew Bosworth VP of Facebook Reality Labs and Nick Clegg VP of Global Affairs said that the company would collaborate with policymakers experts and industry partners. Facebook will invest 50 million dollars to build its metaverse Can you imagine sharing through augmented reality. Facebook co-founder and CEO Mark Zuckerberg said in June that the social media giant is on a path to become a metaverse company Now the firm is putting its money where its mouth is revealing plans to spend 50 million over the next two years to help bring the metaverse to life.

Facebook has revealed a plan to hire 10000 new workers within the EU in a bid to work on their new metaverse concept. Facebook is building a metaversea term coined by sci-fi novelist Neal Stephenson referring to a virtual world people escape to from a dystopian real world. As it designs this ecosystem.

Zuckerberg wants to make it possible. The company is meeting with think tanks to discuss the creation of standards and protocols for the.

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