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Facebook Shifts Focus on Metaverse Division, to Spend About $10 Billion This Year | Technology News

Facebook Shifts Focus on Metaverse Division, to Spend About $10 Billion This Year Facebook plans to invest $10 billion (roughly Rs. 74,963 crore) this year on its metaverse division — named Facebook Reality Labs — tasked with creating augmented reality (AR) and virtual reality (VR) hardware, software, and content.

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