Alibaba invests in AR, eyes metaverse

Alibaba invests in AR, eyes metaverse

Sumary of Alibaba invests in AR, eyes metaverse:

  • ByteDance (owner of TikTok) has spend in several companies direct in the field, and bought VR headset manufacturer Pico
  • In December, the Baidu search engine launched XiRang, hailed as one of the first metaverse apps in China.
  • Virtual reality (VR), and increase reality, where digital components are put on the real world, are both think as important technologies for make the metaverse.
  • Leviathan Tencent is instead working on its own model of the metaverse, touch its know-how as a guide contestant in the video-gaming sector.

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