Baidu and Qualcomm have announced a strategic partnership to advance extended reality (XR) technology and metaverse infrastructures. This collaboration will integrate Qualcomm's Snapdragon Spaces XR platform into Baidu's XiRang metaverse platform, with the goal of accelerating the development of XR applications. The venture financing landscape for virtual reality (VR) and augmented reality (AR) has decreased significantly since last year, and Meta recently shifted its focus from the metaverse to AI. Baidu has previously partnered with Intel on projects related to AI, 5G, data centers, and cloud computing infrastructure.