Nvidia, Microsoft Team Up Metaverse Services
Nvidia has announced a collaboration with Microsoft to provide firms developing in the metaverse with a suite of services to aid in the creation of realistic virtual worlds.
The alliance will also see the integration of Nvidia’s Omniverse and Microsoft 365 programmes such as Teams and OneDrive, which Nvidia CEO Jensen Huang claims will allow for deeper developer collaboration. Huang hinted in his speech that the services provided by Microsoft and Nvidia to developers would be paid for, but no pricing details were provided.
Nvidia’s stock has been on an upward trend since the announcement, rising 12% in the last five days to trade at $299.18. Microsoft’s stock is also riding the wave of the announcement, gaining nearly 2% in the last 24 hours, trading at around the $276 mark.
(With inputs from Shikha Singh)
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