At the Consumer Electronics Show in Las Vegas, Qualcomm Chief Executive Cristiano Amon said during a press conference that the two companies will work together to mate the custom chips with the software that developers need to create virtual worlds.

He said that future devices from the collaboration will work with a Microsoft software product called Mesh that allows users to beam a realistic likeness of themselves into the headset of another user so that it feels like the two people are in the same room.

The future hardware will also use software from Qualcomm called Snapdragon Spaces that helps perform basic augmented reality functions like mapping out physical spaces so that digital objects can be overlaid on them and hand-tracking so that users can manipulate those digital objects with hand gestures.

Amon said that humanity had been talking for years about the possibility of having wearable augmented reality devices that will gain scale.

The two companies did not give details about when the chips and headsets would be available or how many homes you will need to mortgage to get one.

Rubén Caballero, corporate vice president for mixed reality at Microsoft, said in a statement: “Our goal is to inspire and empower others to collectively work to develop the metaverse future – a future that is grounded in trust and innovation.”