Meta to Open 10 Metaverse Campuses!

Meta, the Metaverse-focused social media company, has announced that it will help universities bring their virtual reality campuses online. The company will open 10 virtual campuses under its 'Immersive Learning' project, which aims to bring education into virtual reality environments. Meta will also partner with Victoryxr, an Iowa-based virtual reality education startup. It will also invest 150 million dollars in this partnership.

https://twitter.com/metafo_io/status/1567357716242526210 One of the biggest applications of virtual reality and Metaverse technology is the possibility of education and virtual reality classes. Social media giant Meta is trying to develop this idea. It will also help 10 universities launch their Metaverse-based campuses. One of them is the University of Maryland Global Campus (UMGC), an online university. The university has more than 45,000 students. These students will now be able to meet in an online Metaverse to come together and share experiences. The university will offer five courses on the Metaverse campus at no additional cost compared to non-intensive courses. However, the number of headsets (required for the courses) that the university can lend to students is limited. Other institutions will also be part of this project. These are, respectively, the University of Kansas School of Nursing, New Mexico State University, South Dakota State University, Florida A&M University, West Virginia University, Southwest Oregon Community College, California State University, Dominguez Hills, and Alabama A&M University. Meta will donate Meta Quest headsets to these organizations so that students can be engaged in the lessons. One of the goals of Meta's Immersive Learning project is to increase student access to these technologies through partnerships with organizations and universities. Part of Meta's $150 million investment will serve to create headsets in partnership with Victoryxr, which designs Metaverse campuses. Meta has also helped universities pay for the design and construction of these spaces, which cost $50,000 for a campus of five to seven buildings. Steve Grubbs, founder of Victoryxr, commented. 'Education is an exciting use case for the Metaverse. Meta Immersive Learning will also enable content creators around the world to gain skills for Metaverse. Moreover, it will create immersive experiences for learners. Meta's Metaverse division, Reality Labs unit, reported a loss of $2.8 billion in the second quarter of 2022. Comments have been circulating that Meta's return to virtual reality has caused the company to lose money. The company also issued its first bond issue in August, selling $10 billion of debt for investment. However, Mark, the CEO of the company, stated that Metaverse is the future and that they will definitely exist in this future. He also stated that they will earn much more than the figure that is currently thought to be lost. Source: nfxhaber.com Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!