https://wccftech.com/intel-launches-av1-video-encoder-and-decoder-for-processors-with-more-efficiency-and-less-power/

Intel is a founding member of the Alliance for Open Media, so it is no surprise that it has created a new and more efficient video codec to become more widely available for content creators, end-users, and streaming providers. The company has released version 1.0, offering open-source, scalable video technology for encoding and decoding in CPUs. Intel's further AV1 decoding appeared in the company's Xe-LP GPUs as early as two years ago. Even better about Intel's newest version is that it is fully compatible with all current processors.

The AV1 open-source video codec was intended for high-def video resolutions, wide color ranges, and high-dynamic-range upgrades. AOMedia stated that its AV1 was 30% more productive than existing codecs (suggesting principally on H.265/HEVC that is intended for comparative 4K+ video content). One issue with exceptionally proficient codecs is that they are incredibly ravenous for assets and, by and large, require equipment speed increases to work accurately. However, current CPUs have many assets and next-gen instructions that the system can use to encode and decode, which is what SVT-AV1 does.