Xbox CEO Asha Sharma announced details about Microsoft's upcoming console, codenamed “Project Helix,” which is designed to excel in performance and run both console and PC games seamlessly. Sharma's announcement follows her recent appointment and comes at a time when Microsoft’s gaming division has faced challenges. She plans to share more information at the Game Developers Conference (GDC) next week. The announcement raises questions about whether Project Helix will be a high-performance PC in a console form and what hardware specifications it will have. The timing is significant as there are rumors of a potential delay for the PlayStation 6, potentially giving Microsoft an opportunity to lead in the hardware race.