Chinese search engine $Baidu (BIDU.US)$ reportedly said in a...

Chinese search engine $Baidu(BIDU.US)$ reportedly said in a statement it plans to host its annual AI developer conference "Create 2021" on the Xirang app this year. The company said the app will allow up to 100,000 attendees to experience immersive and interactive sound and visual effects simultaneously.

$Alibaba(BABA.US)$ 's initiatives come at a time Chinese regulators are wielding their whip on online gaming companies. Alibaba itself has been at the receiving end of regulatory crackdowns that have intensified since late last year and left the company battered.