While it certainly is true that Hyper-V plays together well (or usually...) with Azure and the Windows ecosystem (or the Windows ecosystem with or without Azure)—some ways similar to how Parallels Desktop can offer a whole list of key advantages if you're going to be running on macOS—you might also want to look into the free version of VMware vSphere Hypervisor, also known as ESXi. Just like Hyper-V, it is a Type 1 hypervisor.
Both Hyper-V and ESXi have their own weaknesses and strengths. To give only one example of that, when compared to Hyper-V, ESXi has been in the
nested virtualization game longer and offers broader compatibility with guest hypervisors. You can run ESXi inside ESXi, or even Hyper-V inside ESXi, with relatively smooth performance.
Broadcom brought back a VMware ESXi 8 free version now that you can download VMware ESXi 8.0U3 without subscribing
www.servethehome.com
That said, I wouldn't rule out the Type 2 hypervisors category
per se. They too can offer a lot of advantages (and that makes them unique). The sacrifice in performance commonly associated with using a Type 2 hypervisor (and also commonly associated with using nested virtualization on a Type 1 hypervisor) isn't necessarily always going to be among primary concerns. There can be several other important factors that you might or might not want to prioritize more heavily than performance. Modern hardware is often capable enough that slowdowns may be not noticeable (or barely), even though this still greatly depends on a lot of things.