The next-generation Xbox codenamed "Project Helix" will play PC games

Announced just now by Asha Sharma on Twitter.

Great start to the morning with Team Xbox, where we talked about our commitment to the return of Xbox including Project Helix, the code name for our next generation console.

Project Helix will lead in performance and play your Xbox and PC games. Looking forward to chatting about this more with partners and studios at my first GDC next week!

https://xcancel.com/asha_shar/status/2029645713962156149

One of the many previous rumours: https://www.reddit.com/r/GamingLeaksAndRumours/s/SmVof1oyuF