The Valve is developing its own cloud gaming service – Steam Cloud Gaming – such information appeared on the Steam Database portal official Twitter page recently.
Valve is working on "Steam Cloud Gaming" according to partner site code update. Partners will need to sign an addendum to their terms.
— Steam Database (@SteamDB) November 6, 2019
The development is also mentioned on the company’s partner site. Valve CEO Geyb N’yuell decided to keep up with giants such as Goggle and Microsoft and create his own gaming cloud platform.
Valve has put Steam Link into practice in order to make computer games available on smartphones and TVs. Now a service like Google Stadia is a natural extension of development.
The company boasts a fairly large catalog of games, as well as cooperation with major world developers. So problems with the starting line of projects should not arise. Despite all this information, Valve representatives refused to confirm or deny this news.