Virtual reality is turning to be a fastest growing tech industry and companies are turning their eyes into the fledgling platform. While most tech companies are still struggling to integrate their products into the virtual reality market, Nvidia is breaking grounds and is pushing the boundaries even further with its new photorealistic IRAY VR.

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Nvidia announced on April 5 its newest virtual reality technology called Iray VR. Nvidia demonstrated just how Iray VR can render real-life details which in turn can provide a truly immersive virtual reality experience, something that tech experts refer to as a feeling of actually being there.

Developing Iray VR was extensive and utterly sophisticated. In order to achieve such photorealistic results, Nvidia used light probes to photograph a room. According to Tech Radar, these probes not only capture the aesthetics of the space but also records how light is emanating from a thousand different spots.

The probe's captured imagery are then rendered using a supercomputer. Despite the massive hardware Nvidia has created, the company claims that it can take up to 100 hours in order to realistically render a photorealistic room. This massive computing power is need by Iray VR in order to create a space to be stitched from hundreds of light probes in order to create a 4K picture where users can look around and explore.

During the presentation, Nvidia chief executive officer Jen-Hsun Huang demonstrated one of the many uses of Iray VR by taking the audience on a virtual tour of the company's newest 500,000-square feet office. The office is said to house a least a couple of thousand employees. The building has underground parking, which Huang claims will allow cars to park themselves after dropping employees off at the buildings front door.

In a statement acquired by Venture Beat, Huang said, "VR is not just a new gadget, it's a brand new computing platform. It is changing how we design and experience products. You could use it to design a car in a virtual show room. You could be standing next to a car."

Along with Iray VR, Huang also introduced the Iray VR lite which allows users to create a photosphere that is completely ray-traced and its renders can be viewed by simple gadgets such as the Google Cardboard.