NVIDIA to Launch "Omniverse" Technology for Businesses to Build Virtual Worlds

At its 2020 GPU Technology Conference, NVIDIA (NASDAQ: NVDA) announced that Omniverse, a new platform built on its hardware, was opening for beta testing. Built as a collaborative virtual world for engineers and developers, this new service will build on NVIDIA's work outside of the video game industry and could unlock new practical capabilities for its users. The idea of an omniverse (a virtual reality created by software developers, or a "virtual twin" of the real world) has been around for a while.