Facebook invests $50 mln to build the ‘metaverse’ in responsible manner
The new XR Programs and Research Fund will invest the money globally over two years to ensure metaverse technologies are "built in a way that's inclusive and empowering," Facebook said.
The company said it plans to work with researchers across four areas including data privacy and safety, to allow users to get help if something they see in the metaverse makes them uncomfortable.
It will also research how to design technologies that are inclusive and accessible to all users, and also "encourage competition" in the nascent industry, Facebook added in a blog post.
Initial partners for Facebook's new metaverse fund include Howard University in Washington D.C., which will research the history of diversity in the information technology industry and how it could shape opportunity in the metaverse.
Seoul National University and the University of Hong Kong will research safety, ethics and responsible design, Facebook said.
See the full story here: https://www.reuters.com/technology/facebook-invests-50-mln-build-metaverse-responsible-manner-2021-09-27/
