Baidu gears up for imminent metaverse app launch

BTC Peers

Published Dec 24, 2021 08:04AM ET

Baidu gears up for imminent metaverse app launch

Chinese tech giant Baidu (NASDAQ:BIDU) is not looking to be left out on the metaverse race. The company has officially begun internal testing of its first metaverse-based app called XiRang.

Testing has now been opened to a designated group of users as the company pushes to gain a foothold in the fast-rising metaverse sector. The company further noted that the app would become open to all users on Monday 27 during its annual flagship developers’ conference, Baidu Create.

The conference is China's first metaverse conference and will hold via the metaverse platform XiRang.

Dubbed the “land of hope,” the metaverse app will host up to 100,000 people in a 3D virtual environment. Participants will be able to interact with others and explore the iconic features of places like the Shaolin Temple and the Sanxingdui Museum during the three-day event. Meanwhile, the metaverse conference has one main forum and 20 sub forums.

Baidu aims to unveil its technological advances and applications in areas like artificial intelligence, intelligent transportation, biocomputing, quantum computing, and autonomous driving. Developers and creators from all over the world are invited to participate in the conference.

According to Ma Jie, Baidu's vice-president and head of XiRang, creating a truly immersive real-time experience, backing visual effects, and interactive sound are the three biggest drawbacks that could stall the development of the metaverse.

We need to make breakthroughs in several key technologies, such as safe, self-independent and intelligent cloud computing technologies as well as continue to innovate in artificial intelligence, edge computing, virtual reality and augmented reality while building up a content ecosystem. Currently, the metaverse is still in a very early stage. Its development is gradual, and we need a community and a long time to build it.
That being said, Baidu is looking to build the infrastructure to power the metaverse, through technical support in the area of AI and cloud computing.

Continue reading on BTC Peers

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes