So let's talk about our next console. [APPLAUSE] For us, the console is vital and central to our expirence. Yes. We heard you. A console should be designed and built and optimized For one thing, and one thing only. Gaming. [APPLAUSE] So the same team that created the world's most powerful console, Xbox One X, and innovated its groundbreaking processor and the Elite Controller. The same team that engineered the world class compatibility of today's Xbox One consoles, the same team that set the bar for live gaming services with Xbox Live, this same team set out on a new mission, to create the future of gaming for you. [MUSIC] [NOISE] When we think about the future of gaming, it's not just PC, it' not just console, it's not just mobile, it's really all of the above. Xbox is all about choice. We're investing in technology all throughout the game stack. The games you want, with the people you want, on the devices that you want. And for us, that starts with our next-gen. Generation console. We don't wanna build just another console. We truly want it to be transformative. More immersion, more exploration, more detail. It's, how do we make it easier for people to get into the game, to stay in the game? One of the things that gamers and developers are incredibly excited about is reducing load time. I am an RPG player, and so loading screens are a thing. You're sitting there in the fake elevator because you know that the game's loading in the background, it's just an elevator ride forever. That's our goal with gaming, is that you don't have those pauses. This generation is going to be a bigger leap than any generation we've done Before. [SOUND] At the heart of our next generation console is our custom design processor leveraging the latest into and navy technology from our partners at AMD. From a pure processing perspective, this is four times more powerful than the Xbox One X. We're leveraging high bandwidth GDPR six to ensure that we're getting the best performance possible. It's gonna usher in resolution and frame rates that we've never seen before, never seen before. We're looking at frame rates upto 120 frames per second. [UNKNOWN] carry capability, Variable refresh rate. Next [UNKNOWN] ray tracing. It's real time because it's [UNKNOWN] accelerated for the first time ever What I'm personally most excited about is the SSD. We've vreated a new generation of SSDs. We're actually using SSD as virtual RAM. We're seeing more than 40 times Iams performance increases over the current generation. The combination of the SOC and the solid state drive are really what gives you a totally new experience. Now we can take all of that power and apply it back into the scene so we can actually generate more life in that world and bring it to the gamer in a seamless way. So that then you're fully experiencing what the game developer wants you to experience When you can move through walls without waiting for screens to low. That speed, that performance is what the next generation is about. This is the most immersive console experience ever. What we really wanna do is give developers the power to build tje game they've always envisioned. We have hundreds of people across both our first party studios As well as our third party studios working on those next generation experiences today. It's an amazing committment to content at Xbox game studios. 13 studios, seven in the last year. At 343, for us, it's always about more seamless worlds with the next generation. We can bring the world to life in a way we've never Experience Halo before. We're delivering four generations of content, better than you've ever seen them before. This console is especially awesome for game cast members. With the faster load times, you're going to be able to experience all the games within just snapping your fingers. We're giving gamers the option to connect across devices and across platforms in a way that we never were able to before. This isn't just a console launch. This is about the future of gaming. Your games your achievements your progression, your accessories, your console gaming experience with Xbox it all comes forward the scarlett. It eats monsters for breakfast. [APPLAUSE]. This is Project Scarlett, the most powerful and highest performing console we've ever designed. Built for creaters to unlease their boldest creative visions. And optimize for players to enjoy the ultimate gaming experience on a council anywhere. A massive experience is began at the very heart of the council, at the silicon level itself. Together withour partners at AMD we've co-engineered and custom designed a state of the art processor for project [UNKNOWN]. [APPLAUSE]. Power you could see, define previous generations. Power and performance you can see and feel, defines project Scarlett. When we talk about freedom to play When we talk about XBox in the Cloud. When we talk about streaming your games, Project Scarlet and all of its power, and all of its performance is the foundation of our future in console and the formation of our future in Cloud We launched XBox 18 years ago, with a game reviewers called the definitive reason to own an XBox. Well because humanity was, and is worth saving, next holiday, we will launch Project Scarlett with Halo. [APPLAUSE]