Yeah, there's quite a few companies that are working on a similar product, including PlayStation Now (Sony) [0], GeForce Now (NVIDIA) [1], and Shadow [2].

[0] https://www.playstation.com/en-gb/explore/playstation-now/ps...

[1] https://www.nvidia.com/en-us/geforce/products/geforce-now/

[2] https://shadow.tech/int