After Mark Zuckerberg announced on October 28th that Facebook Change changed its name to Meta Platforms Inc., Chinese tech giants tried to secure their positions in space–despite strict warnings from Chinese regulators about the metaverse.
The metaverse refers to a hypothetical next iteration of the Internet consisting of 3D virtual online environments that people can access through virtual reality headsets, smartphones, PCs, game consoles, and other devices. US video game companies like Epic Games already are building their own Metaverse platforms are replete with shared immersive experiences like virtual concerts.
But China’s dominance in AI could given the country has a considerable lead over its competitors in the race for the next frontier of virtual human interaction. China’s new artificial intelligence development plan has spurred on Billions of dollars in R&D investment from ministries, provincial governments and private …
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