In brief: Microsoft and Qualcomm both want in on the metaverse action, despite it being a vague term for a hyperconnected world where augmented reality meshes with traditional digital technology. The two companies believe better hardware is the key to encouraging adoption, so they've decided to work together to create custom chips for AR glasses.

Microsoft and Qualcomm already have a strong partnership with respect to Windows on Arm. The Redmond giant integrated a custom Snapdragon chipset into the Surface Pro X, and a Qualcomm Snapdragon 850 powers its HoloLens 2 mixed-reality headset. According to Qualcomm CEO Cristiano Amon, over 200 enterprise customers have adopted Snapdragon-powered laptops so far.

The two companies have announced plans to collaborate on developing custom augmented-reality chips to use in future lightweight and energy-efficient glasses that work within Microsoft's ecosystem. The renewed partnership was revealed during Qualcomm's CES 2022 keynote and is part of the two companies' strategy to accelerate the adoption of mixed-reality solutions for consumer and enterprise sectors.

Another part of the plan is the integration of two AR software platforms---Microsoft Mesh and the Snapdragon Spaces XR Developer Platform.

"This collaboration reflects the next step in both companies' shared commitment to XR and the metaverse," Qualcomm's Vice President and General Manager of XR Hugo Swart explained in a statement. "We are thrilled to work with Microsoft to help expand and scale the adoption of AR hardware and software across the entire industry."

"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," added Rubén Caballero, corporate vice president of Mixed Reality at Microsoft. "With services like Microsoft Mesh, we are committed to delivering the safest and most comprehensive set of capabilities to power metaverses that blend the physical and digital worlds, ultimately delivering a shared sense of presence across devices."

The "metaverse" is still a nebulous term that seems to encompass everything from augmented reality to virtual reality, cryptocurrencies, NFTs, and more. Microsoft says it's working on a more practical version of this concept, and enlisting Qualcomm's help for developing purpose-built chips and improving reference hardware does seem like a logical move. The two companies didn't provide a timeline for when we'll be able to see the fruits of this new partnership, so we'll have to wait and see.