Hypervisors often require special features to be supported and enabled by the host CPUs. Most commonly Intel's Virtualization Technology (VT) or AMD's AMD-V technology is required. In some cases this may not be enabled by default but can be enabled in the BIOS settings of the host machine.
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What are hypervisors and what do they do?
What are Intel's Virtualization Technology (VT) and AMD-V technology?
How can I check if virtualization is enabled on my CPU?