It's kind of both. Hyper-V is a bare-metal (type 1) hypervisor. Windows runs virtualized, one level above it, in a privileged (host) VM, next to other (guest) V

It's kind of both. Hyper-V is a bare-metal (type 1) hypervisor. Windows runs virtualized, one level above it, in a privileged (host) VM, next to other (guest) VMs. https://en.wikipedia.org/wiki/Hyper-V#Architecture https://en.wikipedia.org/wiki/Hyper-V#Architecture