Sony Group Corporation and KIRKBI, the holding and investing company behind LEGO, are each investing $1 billion in Epic Games with a total of $2 billion in funding, Epic Games announced today. The stated purpose behind the investment is “to advance the company’s vision of building the metaverse and support its continued growth.” The announcement notes that the three companies are dedicated to “exploring the relationship between the digital and physical worlds.” How that looks functional remains to be seen. As part of the announcement, Tim Sweeney, CEO and founder…
Read MoreSony and LEGO owner invest $2 billion in Epic Games
