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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By maria gbaf

    Posted on December 14, 2021

    Featured image for article about Top Stories

    By Stephen Nellis

    (Reuters) – In their first public comments on its strategy for tapping into the “metaverse,” Intel Corp executives said the firm is working on software that will help laptops tap into computing power from other devices, including chips from its rivals.

    While the definition of “metaverse” is broad, it generally refers to immersive virtual worlds that will be accessed via the internet and a variety of devices, like virtual reality headsets.

    The trend is expected to require vastly more computing power, and firms like Nvidia Corp, which makes chips and software used to construct the virtual world, and Qualcomm Inc, which makes chips used in virtual reality headsets, have both gained value in recent months on investor enthusiasm about the metaverse.

    At a news conference after a presentation at the RealTime Conference on metaverse technologies on Monday, Raja Koduri, head of Intel’s accelerated computing systems and graphics group, said 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.

    Koduri said 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, Koduri said.

    “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,” Koduri told reporters. “There’ll be a lot of open sourcing involved with everything that we build.”

    (Reporting by Stephen Nellis in San Francisco; Editing by Dan Grebler)

    By Stephen Nellis

    (Reuters) – In their first public comments on its strategy for tapping into the “metaverse,” Intel Corp executives said the firm is working on software that will help laptops tap into computing power from other devices, including chips from its rivals.

    While the definition of “metaverse” is broad, it generally refers to immersive virtual worlds that will be accessed via the internet and a variety of devices, like virtual reality headsets.

    The trend is expected to require vastly more computing power, and firms like Nvidia Corp, which makes chips and software used to construct the virtual world, and Qualcomm Inc, which makes chips used in virtual reality headsets, have both gained value in recent months on investor enthusiasm about the metaverse.

    At a news conference after a presentation at the RealTime Conference on metaverse technologies on Monday, Raja Koduri, head of Intel’s accelerated computing systems and graphics group, said 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.

    Koduri said 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, Koduri said.

    “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,” Koduri told reporters. “There’ll be a lot of open sourcing involved with everything that we build.”

    (Reporting by Stephen Nellis in San Francisco; Editing by Dan Grebler)

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