The next generation of consoles is upon us and it looks like Microsoft will be ushering in this new age of gaming. At the Xbox E3 2019 Briefing, Project Scarlett was formally revealed. Head of Xbox Phil Spencer got up on stage to announce the new console where he stated that the team behind the Xbox One is creating "the future of gaming for you."

While the box wasn't shown, a plethora of details for Project Scarlett was divulged. The video discusses how this new console will improve the player experience in a multitude of ways. Partnering with AMD to bring the latest Zen 2 and Navi technology to the next console, the next Xbox will boast 40 times performance increases from the current stable of consoles, bringing 8K resolution capability, up to 120 frames per second, and real-time ray tracing to the next generation.

It was also revealed that Xbox has a number of studios working on titles for its next-gen platform. "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." One of which will be Halo Infinite, which will launch on Project Scarlett when it launches in Holiday 2020.

Lastly, some interesting tidbits featuring in the video confirms backward compatibility on Project Scarlett. One of which states that Xbox will be bringing "four generations of content better than you've ever seen them before." Another features Spencer himself. "I don't lose my last generation as I move into the next generation; the people I play with and the games that I want to play," explains Spencer. "That experience should be continuous and always growing."

E3 2019 has just begun and will surely bring more reveals as the next couple of days pass. Make sure to check back on the site for all the sweet video game news from each press conference. If you're not sure when each conference begins, here is the schedule for the next couple of days.