Meta will build the Metaverse Innovation Hub in Madrid

2022/02/28 14:01

According to VentureBeat, Facebook’s parent company Meta has called for a global collaborative effort to build the necessary infrastructure to support its burgeoning metaverse ambitions. Timed to coincide with the annual MWC tradeshow in Barcelona, Meta yesterday revealed a partnership with telecommunications giant Telefónica. The tie-up will initially involve co-building what they’ve dubbed the Metaverse Innovation Hub in the Spanish capital, Madrid — this will be to “accelerate metaverse network and device readiness” through various trials and testing initiatives.“Through this Metaverse Innovation Hub, Telefónica and Meta plan to provide local startups and developers with access to a groundbreaking 5G laboratory where they will be able to utilize a metaverse end-to-end testbed on Meta and Telefónica’s network infrastructure and equipment,” Rabinovitsj said.
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