# Facebook announces $50M investment fund tasked with developing its virtual metaverse
“# Facebook announces $50M investment fund tasked with developing its virtual metaverse ” Facebook has announced it will allocate $50 million to a two-year fund tasked with beginning work on realizing the firm’s vision for a virtual metaverse. A Sept. 27 announcement articulates Facebook’s roadmap for building its metaverse, with the funding slated to back…