In Short

Microsoft announced Project Scorpio at E3 2016 as a definitive successor to the Xbox One. Scorpio will sport 6 teraflops of computational power with the goal of enabling 4K resolution video game experiences. While developers will not be required to use Project Scorpio's power to hit 4K, Scorpio is over four times as powerful as the current Xbox One.

Unlike other console generations, Project Scorpio will run all Xbox One games available now and in the future. Developers will be able to add an additional tier of visuals for Project Scorpio to take advantage of the new console's power. Microsoft also promised that there will be no Project Scorpio-exclusive games, citing that the same games will still appear on Xbox One, but with less potent visuals and effects. Project Scorpio is expected to launch during the holiday season of 2017.