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Facebook will invest $50 million over two years in the XR Programs and Research Fund, earmarked for programs and external research related to responsible development of the metaverse.
The social network said it will collaborate with academic institutions, civil rights groups, governments, industry partners and nonprofits, and its initial partners in the effort include:
- Africa No Filter, Electric South and Imisi3D: supporting creators in Africa who have been pushing the boundaries of digital storytelling using immersive technology through “Amplifying African Voices.”
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