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Microsoft has confirmed it's developing a next-gen Xbox console with AMD as Xbox president Sarah Bond shared this news in a 60-second YouTube video promising to offer "an Xbox experience not tied to one store or limited to a single device." Bond announced Microsoft is teaming up with AMD for a "strategic multi-year partnership." This collaboration will involve co-engineering silicon "across a range of devices, including our next-generation Xbox consoles for your living room and your hands." The two companies will also join forces to build the next generation of Xbox Cloud Gaming. Microsoft is making it crystal clear that its next-gen Xbox platform will focus on multiple devices and won't be tied to its own store for games.
"This is all about creating a gaming platform that stays with you so you can enjoy the games you like on different devices wherever you want—giving you an Xbox experience not restricted to one store or linked to a single device," Bond explains. "That's why we're working with the Windows team to make sure Windows becomes the top platform for gaming". This comes right after Microsoft announcement of its partnership with ASUS to roll out two Xbox Ally handhelds in the coming months. These devices will feature a new full-screen Xbox interface running on Windows allowing Xbox Ally devices to access other platforms like Steam.

Update Jun 19th: AMD comments on Microsoft partnership (YouTube video included)
Complete statement of Sarah Bond, Xbox president on Microsoft's next-gen Xbox hardware:
AMD CEO Dr. Lisa Su says in a newly released YouTube video that the new Microsoft partnership advances a "bold shared vision" for gaming with "seamless gameplay across any screen." AMD will move beyond just building Xbox chips to creating a "full roadmap of gaming optimized chips" combining Ryzen and Radeon for consoles, handhelds, PCs, and cloud gaming. The ecosystem will feature full backwards compatibility and use AI to improve rendering and graphics. Su emphasized that AMD and Microsoft are "building the future of immersive gaming" to bring this technology to gamers everywhere.
Here's the full video:
View at TechPowerUp Main Site | Source
"This is all about creating a gaming platform that stays with you so you can enjoy the games you like on different devices wherever you want—giving you an Xbox experience not restricted to one store or linked to a single device," Bond explains. "That's why we're working with the Windows team to make sure Windows becomes the top platform for gaming". This comes right after Microsoft announcement of its partnership with ASUS to roll out two Xbox Ally handhelds in the coming months. These devices will feature a new full-screen Xbox interface running on Windows allowing Xbox Ally devices to access other platforms like Steam.


Update Jun 19th: AMD comments on Microsoft partnership (YouTube video included)
Complete statement of Sarah Bond, Xbox president on Microsoft's next-gen Xbox hardware:
At Xbox our vision is for you to play the games you want with the people you want, anywhere you want. That's why we're investing in our next-generation hardware lineup, across console, handheld, PC, cloud, and accessories. I'm thrilled to share we've established a strategic multi-year partnership with AMD to co-engineer silicon across a portfolio of devices, including our next-generation Xbox consoles in your living room and in your hands. Together with AMD we're advancing the state of art in gaming silicon to deliver the next generation of graphics innovation, to unlock a deeper level of visual quality and immersive gameplay and player experiences enhanced with the power of AI. All while maintaining compatibility with your existing library of Xbox games. This is all about building you a gaming platform that's always with you, so you can play the games you want across devices anywhere you want, delivering you an Xbox experience not locked to a single store or tied to one device. That's why we're working closely with the Windows team to ensure that Windows is the number one platform for gaming. The next-generation of Xbox is coming to life and this is just the beginning, we can't wait to show you what's next.
AMD CEO Dr. Lisa Su says in a newly released YouTube video that the new Microsoft partnership advances a "bold shared vision" for gaming with "seamless gameplay across any screen." AMD will move beyond just building Xbox chips to creating a "full roadmap of gaming optimized chips" combining Ryzen and Radeon for consoles, handhelds, PCs, and cloud gaming. The ecosystem will feature full backwards compatibility and use AI to improve rendering and graphics. Su emphasized that AMD and Microsoft are "building the future of immersive gaming" to bring this technology to gamers everywhere.
Here's the full video:
View at TechPowerUp Main Site | Source