The parent company of short video giant platform TikTok, Bytedance, is looking to explore investment opportunities in the virtual reality space. According to a source, the company intends to invest tons of money in developing VR content.

A report suggests that the company is actively hiring for Pico, the Chinese VR headset maker acquired by Bytedance in 2021. The positions include VR game strategy head, game operations manager, optical engineer, and systems design electric engineer. The jobs posted by the company are for locations in California and Washington.

Pico launched its flagship all-in-one headset, Pico Neo 3 Link, in Europe this May at a price of $472.