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Facebook Sets Up $50 MIllion Metaverse Research Fund

By
Mathew Olson
· · Source: The Information

Facebook is setting up a research fund to invest $50 million for the development of the “metaverse,”  the more immersive version of the internet that CEO Mark Zuckerberg believes will usurp mobile platforms and become Facebook’s primary focus. The money will be distributed over the next two years to schools, nonprofit organizations, governments and other partners working toward the...

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