Facebook Announces $50M Research & Partnership Fund to “build the metaverse responsibly”
Back in July Facebook announced that it had spun up a new organization internally to begin building part of the metaverse, a series of interconnected virtual experiences and worlds that the company believes is the next step for human communication and interaction. As part of that effort Facebook this week announced that it’s earmarking $50 million to spend on external research and partnerships to help the company “ensure [our metaverse] products are developed responsibly.”















