In efforts of entering the ‘metaverse’ Intel Corp., announced that it is working on software to enable laptops to tap into computing power from other devices, including chips from its rivals. The definition of ‘metaverse’ is broad, generally refers to immersive virtual worlds that is accessed through the internet and a variety of devices, like Virtual Reality (VR) headsets.

The trend of Metaverse is fetching more competition to the company with firms like Nvidia Corp., which makes chips and software useful in constructing the virtual world, and Qualcomm Inc., which makes chips to be used in VR headsets. Hence, both have been gaining value in the recent months on investor enthusiasm about the metaverse.

Koduri adds, “The software will work with chips from competitors. The software is designed to solve technical challenges for users, and not just to generate major revenue for Intel. Some of it will be shared. The way we are architecting all the layers is that it is going to work with everybody's hardware, as long as they are on industry standard specifications. There will be a lot of open sourcing involved with everything that we build."

CEO Pat Gelsinger took the helm of the largest American chipmaker in February to take back leadership of the industry from Asian giants such as Taiwan Semiconductor Manufacturing Co.

Raja Koduri, Head of Intel's accelerated computing systems and graphics group says, “the Company’s first technology push into the metaverse will be software that helps devices take advantage of computing power that already exists and is unused. For example, if a gamer is playing a graphics-heavy title on a laptop that would tax the system's chips but has an unused gaming PC in another room, the software could detect the spare power sitting idle on the PC and tap into it over a home network to make the laptop game run better.”