Facebook Parent Meta Intensifies Metaverse Investment, Outlining Vision for Next-Generation Computing
Facebook's parent company, Meta, is directing substantial resources toward the development of the metaverse, outlining its vision for a successor to the mobile internet.
BUSINESSES RESHAPING OUR WORLD
Global N Press
9/29/20211 min read


Facebook's parent company, Meta, is directing substantial resources toward the development of the metaverse, outlining its vision for a successor to the mobile internet. The comprehensive strategy encompasses advanced virtual reality hardware, expansive social environments, and a suite of tools designed to foster a robust creator economy.
This long-term initiative aims to transition digital interactions from two-dimensional screens to persistent, immersive 3D spaces. The company anticipates this shift will fundamentally reshape social connectivity, remote work, and digital commerce. Industry observers note that Meta's aggressive investment is accelerating the maturation of the underlying technologies and legitimizing the concept of an immersive economy.
While the full realization of this vision remains years away, the commitment is already catalyzing broader industry competition and investment in related fields such as extended reality (XR) and spatial computing. The move underscores a strategic pivot from social media dominance to aspiring to define the next major computing platform.




