Microsoft Announced their new Scorpio Game Console, which will be faster, stronger, more powerful, and vapor cooled! It will be capable of over a trillion floating point operations per second. It has a graphics processing unit with 40 units clocked at 1.1Ghz. It has an 8-core processor. 12GB of DDR5 RAM with 8GB for games, and 4GB for background processes. Leo says it's more powerful than any computer you've likely had in the house. Microsoft is promising 4K, but have stopped short of saying it will play at 60fps.
Scorpio will be available for the holiday season. To read more, check out this EuroGamer article.