Metaverse in China: Competition for innovation turns into ‘battlefield’

China has ambitious plans for the Internet of the future and wants to set the standard, according to a Handelsblatt report.

The conditions are good, thanks to innovative companies, hardware and state investments, the same article emphasizes.

Xirang, “Land of Hope”, is the name of China’s first metaverse platform, according to Handelsblatt.

Search engine company Baidu changed it live at the end of December. Up to 100,000 users can simultaneously interact as an avatar in the digital universe with the help of special virtual reality glasses.

The era of human-computer symbiosis had dawned, Robin Lee announced.

Baidu’s boss and co-founder sees China as “fertile ground for artificial intelligence”.

Developers would “start a golden decade now.”

The renaming of the American company Facebook to Meta Platforms at the end of October gave a big boost to metaverse around the world. It remains to be seen whether this will also lead to the dawn of artificial intelligence (AI), according to Baidu CEO Li Handelsblatt, or whether it will disappear as quickly as the 3D Second World online world at the turn of the millennium.