CNBC Television published this video item, entitled “Meta Reality Labs VP: Company’s building a brand new computing platform and it’s not cheap” – below is their description.
CNBC’s Steve Kovach and the Halftime Report’s investment committee looks at Meta’s spending, and the company’s metaverse ambitions.
CNBC Television YouTube Channel
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About This Source - CNBC Television
CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
A metaverse is a network of 3D virtual worlds focused on social connection.
In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.
The metaverse is something which many in the early 2020s are actively engaged in developing: an entirely online, virtual and alternative reality, in which people will be able to conduct many forms of business and social interaction – virtually.
The movement towards a metaverse gathered significant pace and attention when Facebook’s parent company rebranded itself to “meta” in 2021.