The cat is finally out of the bag as Google officially announced the launch of their very own open-source Google Chrome OS project, The leaked Google Chrome OS Browser is in fact an early build of the actual Google Chrome OS which is described by Google as a fast, simple, and more secure computing experience for people who spend most of their time on the web.
In simple language Google Chrome OS will be a fast and optimized Chrome Browser tightly integrated with the hardware offering web-applications for getting things done on the cloud (web), confused ? the video demo ahead will make things much clearer.