Today, during Microsoft's Xbox press conference, Division Head Phil Spencer talked about the future of the platform.

Spencer revealed that Microsoft's hardware team are "deep into architecting" the next Xbox consoles. He also promised to deliver on the "commitment to set the benchmark for console gaming."

He also added that the company is committed to building an "industry-leading first-party studios organization." He concluded his speech declaring that gamers will "always experience the best in gaming on Xbox" today, next year, and all of the years after that.

During his talk, Spencer also explained that the world of gaming is on a historic growth path. At this moment Microsoft is committing to harness the "full breadth of its resources to deliver the future of play." Microsoft Research experts are developing the future of gaming AI to create more rich and immersive worlds and characters.

On the other hand, Microsoft's cloud engineers are building a game streaming network to unlock console-quality gaming on any device.

Earlier during the conference, Microsoft announced the opening and acquisition of five new first-party studios.

Of course, this is just one of the many reveals from today’s Xbox press briefing. You can check out everything else in the livestream directly from Microsoft.