Friday, July 1

Baidu’s metaverse app will take 6 years to fully launch, according to its VP By CoinTelegraph

© Reuters. Baidu’s metaverse app will take 6 years to fully launch, according to its vice president

Chinese internet giant Baidu (NASDAQ 🙂 does not expect to launch its XiRang metaverse app anytime soon, even though the app initially debuted on Monday, according to a senior executive.

Baidu Vice Chairman Ma Jie believes there is still “six years” to go before the full launch of XiRang, CNBC reported Thursday. He noted that development of the app started in December 2020.

  • Baidu would aim to address the chip shortage affecting games, cryptocurrencies and cars

Ma talked about “Create 2021”, Baidu’s upcoming annual developer event, which the company promotes as the first Chinese conference to be held in a metaverse space via XiRang. The app will reportedly allow up to 100,000 virtual members to interact with each other using avatars from the metaverse at the three-day conference starting Monday.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Reference-es.investing.com

Leave a Reply

Your email address will not be published.