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Type 1 and 2 Hypervisors (VMs)
Type 1 is the hardware version, 2 software (in a nutshell).
Related:
Type 1 and Type 2 Hypervisors: What Makes Them Different
https://medium.com/teamresellerclub/type-1-and-type-2-hypervisors-what-makes-them-different-6a1755d6ae2c