Intel's first foray into the metaverse will be software to use others' chips

The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/filr photo

(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.