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Meta is making it rain in Spain.
Facebook’s parent company said Tuesday that it is making a “significant investment” in people and infrastructure in the country, which includes doubling its office space in Madrid and recruiting up to 2,000 people over the next five years.
Spain will also be home to the world’s first Meta Lab, which vice president of cross-Meta products and infrastructure Javier Olivan described in a Newsroom post as “a flexible base for Meta’s remote workers in Spain with space for local tech entrepreneurs and small businesses startups.”
Meta will collaborate with telecommunications giant Telefónica to establish a Metaverse Innovation Hub in Madrid focused on accelerating metaverse network and device readiness.
Olivan
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