Fb plans to rent 10,000 individuals in EU to construct ‘metaverse’ By Reuters

© Reuters. FILE PHOTO: The Fb brand is seen in Davos, Switzerland January 20, 2020. Photograph taken January 20, 2020. REUTERS / Arnd Wiegmann

(Reuters) – Fb Inc (NASDAQ 🙂 plans to rent 10,000 individuals within the European Union over the following 5 years, the social media large mentioned on Monday, to assist construct the so-called metaverse – a nascent on-line world the place individuals exist and talk in shared digital areas.

It could be a giant step for the corporate to take in the direction of the idea, one thing high boss Mark Zuckerberg has been touting in current months.

In September, Fb pledged $ 50 million to construct the Metaverse, the place firms like Roblox Corp and “Fortnite” maker Epic Video games gained a foothold.

The corporate beforehand launched a take a look at of a brand new digital actuality distant working app the place customers of the corporate’s Oculus Quest 2 headsets can maintain conferences as avatar variations of themselves.

Fb additionally introduced in July that it was making a product group to work on the metaverse that might be a part of Fb Actuality Labs, its augmented actuality and digital actuality group.

“This funding (in new jobs) is a vote of confidence within the energy of the European tech business and the potential of European tech expertise,” the corporate mentioned.

“Europe is extraordinarily essential to Fb.”

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