SHANGHAI, Dec 28 ― Chinese tech giant Baidu yesterday took its first steps into the metaverse industry with the launch of a virtual reality app, looking to test the waters in what is considered by many to be the next phase in the internet's evolution.
The firm, nicknamed the Chinese Google, held a conference inside the virtual world of its new app XiRang, which means “Land of Hope”. It can be accessed from a smartphone, computer or through virtual reality goggles. The platform, however, is still in its infancy and Ma Jie, a vice president at Baidu, told reporters at an earlier event that it could take up to six years for a full launch, according to CNBC.