Facebook surges ahead in race to create metaverse

The tech giant plans to hire 10,000 people to accelerate the development of a so-called metaverse – the future iteration of the internet

Oculus Rift
Oculus Rift

Facebook plans to hire 10,000 people to accelerate its development of a so-called metaverse  – a virtual world in which people can work, game, play and even watch concerts.

The word ‘metaverse’ – made up of the prefix ‘meta’ (meaning beyond) and the stem ‘verse’ (a back-formation from “universe”) – is typically used to describe the future iteration of the internet, made up of permanent, shared, 3D virtual spaces linked into a perceived virtual universe.

Using technologies like virtual and augmented reality, Facebook says…

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