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This Chinese internet giant has launched its own metaverse



The Chinese search engine giant Baidu has announced the release of the Metaverse product “Xirang” for December 27th.

Chinese Internet company Baidu recently launched a social app called “Xirang” in both the Apple and Android app stores, taking it one step further on the path to becoming the Metaverse, Sohu Technology reported on Monday.

Baidu said the app aims to create a metaverse that will allow people to interact with one another in a virtual world with identity recognition, expansion from the virtual to the real world, and immortality.

According to the product's website, Xirang will include additional features such as online education and elements of digital marketing in the future. At the moment only a small number of users can access Xirang at the same time. This is because developers have yet to overcome technical barriers related to rendering and cloud computing, according to a representative from Baidu.

The conference, which will be held later this month at the Xirang Metaverse, is one of the largest technology conferences Baidu has hosted since 2017, and it remains the largest AI developer conference as well. Various companies, technology developers and enthusiasts will take part in the event. Participants will discuss modern internet technologies, artificial intelligence and the further development of Metaverse technology.

Amid the growing excitement for the Metaverse, companies around the world have expressed their commitment to the concept. While Facebook has renamed itself Meta to take a new direction in the company's development, Chinese tech companies are also shaping the way people will shape their digital lives in the future.

Chinese tech giants have tried to reassure investors of their interest in the nascent market, which Bloomberg Intelligence says will be valued at $ 800 billion by 2024.

China's three state-owned telecommunications companies, China Mobile, China Unicom and China Telecom, partnered with several technology companies in November to create the Metaverse Industry Committee, China's first industry group to devote itself to the concept.

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