We've reached out to Microsoft for an official response to this report.
He didn't share a release date, an image, or offer any specific details, but almost five years after introducing the Xbox One, Microsoft is finally ready to clear a path for the ninth generation of game consoles in the coming years.
This past week, I was tipped off that the next generation Xbox was codenamed Scarlett and in an effort to track down if this information was accurate, I was able to view content that highlighted several unannounced Microsoft products that are coming in the next two years. Spencer said Microsoft is building a "game streaming network to unlock console-quality gaming on any device".
We still don't know any specifics about the service, including the all-important price-it doesn't even have a name yet. Additionally it has announced the acquisition of Playground Games, and letters of intent to acquire Ninja Theory, Undead Labs and Compulsion Games. Nobody ever seems to remember that Sony and Microsoft both pledged to allow you to play your games while they were still downloading with many developers instead creating "housing areas" for you to wait in and occasionally do things in while the rest of the game downloaded. The latest game will be available in 4k resolution at 60 frames per second, but you need to have the right support for it in the form of the Xbox One X and a suitable TV. In Santa Monica, studio The Initiative will be lead by former Crystal Dynamics head of studio Darrell Gallagher.
The company is also investing AI and cloud resources into gaming technologies.
Microsoft also revealed Forza Horizon 4 with lots of new features and an updated graphics interface for hardcore gamers.
Below is the list of established studios bought by Microsoft to swell their ranks, and the quintet are certainly impressive.
"We embarked on a quest to find creative teams that have the mastery of our art", Spencer said.
Officials also said the company is still working to build a game-streaming service, The Verge noted. Additionally the firm shared news that it has implemented a new FastStart ability for Xbox One, it has added five new studios to its roster, and that it is already "deep into architecting" the next Xbox.