Facebook Sets up $50M Investment Fund for the Development of Metaverse

Online social media and social networking service platform Facebook today announced a two-year grant of $50 million to strengthen the interpersonal connection between reality and virtual reality and consumer hardware and to promote the development of Metaverse products. Metaverse is a combination of the prefix “meta”, meaning beyond, and “universe”, which refers to shared virtual … Continue reading Facebook Sets up $50M Investment Fund for the Development of Metaverse

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