May 18, 2024

Report Wire

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Facebook plans to rent 10,000 in EU to construct ‘metaverse’

1 min read

Facebook Inc plans to rent 10,000 within the European Union over the following 5 years, the social media big stated on Monday, to assist construct the so-called metaverse – a nascent on-line world the place folks exist and talk in shared digital areas.
This can be a big step the corporate is taking in the direction of the idea, one thing high boss Mark Zuckerberg has touted in latest months. In September, Facebook dedicated $50 million in the direction of constructing the metaverse, the place firms like Roblox Corp and “Fortnite” maker Epic Games have an early foothold.
The firm earlier launched a check of a brand new virtual-reality distant work app the place customers of the corporate’s Oculus Quest 2 headsets can maintain conferences as avatar variations of themselves.

Facebook additionally stated in July it was making a product group to work on the metaverse which might be a part of Facebook Reality Labs, its augmented actuality and digital actuality group.
“This investment (in new jobs) is a vote of confidence in the strength of the European tech industry and the potential of European tech talent,” the corporate stated. “Europe is hugely important to Facebook.”

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