Meta Platforms Technologies is the umbrella term for all of the technologies that Meta Platforms, Inc. (formerly Facebook, Inc.) develops and owns. These technologies include:
- Virtual reality (VR) and augmented reality (AR) hardware and software, such as the Meta Quest 2 headset and the Meta Spark AR platform.
- Artificial intelligence (AI) technologies, such as the Meta AI research group and the Meta Transformer language model.
- Blockchain technologies, such as the Diem cryptocurrency project.
- Extended reality (XR) technologies, which encompass VR, AR, and mixed reality (MR).
- Other technologies are related to the metaverse, such as social networking, payments, and productivity tools.
Meta Platforms is investing heavily in these technologies in order to build the metaverse, a hypothesized iteration of the internet as a single, universal, and immersive virtual world that is facilitated by the use of virtual reality and augmented reality headsets. The metaverse is still in its early stages of development, but Meta Platforms believes that it has the potential to be a major platform for social interaction, entertainment, and commerce.
In addition to developing and owning these technologies, Meta Platforms also provide a variety of services to businesses and developers who want to build and deploy applications in the metaverse. These services include:
- The Meta Business Suite is a set of tools for businesses to manage their presence on Meta’s platforms.
- The Meta Quest for Business program, allows businesses to use the Meta Quest 2 headset for training, collaboration, and other purposes.
- The Meta Reality Labs Platform is a set of tools for developers to build and deploy AR and VR applications.
Meta Platforms is committed to building the metaverse and making it accessible to everyone. The company believes that the metaverse has the potential to change the way we live, work, and play, and it is investing heavily in making it a reality.