trending Market Intelligence /marketintelligence/en/news-insights/trending/xW6-SlYrbbyOeXTHgP6jsQ2 content esgSubNav
In This List

Facebook unit, universities team up for research

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

TMT Digital Newsletter: May 2021

Blog

Fintech Intelligence Digital Newsletter: May 2021


Facebook unit, universities team up for research

Facebook Inc.'s hardware development division Building 8 teamed up with 17 universities to work on technology research projects, Reuters reported Dec. 21.

The move comes as the social networking giant is working to find new revenue streams in virtual reality and artificial intelligence.

The participating universities are Harvard, Princeton, Stanford, Massachusetts Institute of Technology, California Institute of Technology, Georgia Institute of Technology, University of Illinois at Urbana-Champaign, Johns Hopkins University, Northeastern University, Rice, University of California-Berkeley, University of California-San Francisco, Georgia Tech, Virginia Tech, Arizona State University, Texas A&M University, and the University of Waterloo in Canada.

A company spokesman reportedly said the universities will receive a payment from Facebook.