Facebook invests hundreds of millions in “Building 8”

Facebook

Facebook has hired Regina Dugan from Google, poaching the former director of the US research agency DARPA to lead a new research and development lab focused on large technological leaps. The social network will invest hundreds of millions of dollars and hundreds of people in the new unit called Building 8, which will create products to advance Facebook’s mission of “connecting the world”. Building 8 will work on hardware powered by Facebook software in areas such as artificial intelligence and virtual reality… The announcement came as Facebook laid out a 10-year plan at its annual developer conference, focusing on three pillars of artificial intelligence, powering the main app and bots on Messenger; virtual reality… and connectivity, bringing billions more people online around the world.

 

Hannah Kuchler

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