Well the rumors leading into this years E3 conference ended up panning out, as Microsoft ended their press conference by announcing the long rumored Project Scorpio. The new console was announced via a video, which can be seen below, of various Microsoft employees and leading game developers discussing the power and potential of Project Scorpio.

Project Scorpio is expected to release during the Holiday season of 2017 and is, as was said multiple times, the most powerful console ever created. It will have six teraflops of GPU which will allow Project Scorpio to have true 4k gaming visuals and high fidelity virtual reality. In addition to the six teraflops of GPU, Project Scorpio will have eight CPU cores, over 320 gigabytes per second of memory bandwidth and everything will be rendered at 60 hertz. And while all of this does seem to add up to an expensive machine there is no word on a price point and there most likely won’t be for some time.

Project Scorpio will be joining the current Xbox One family alongside the original Xbox One and the Xbox One S. This means that rather than replacing the previous consoles all current and future Xbox One games  and accessories will be compatible on any of the platforms in the family.