Microsoft is planning a "hybrid" Xbox platform for cloud gaming for 2028.
According to documents leaked earlier this week by the FTC, and as reported by Rock Paper Shotgun, said platform would run cloud-based titles on a device setting consumers back less than $99, and has been in discussion since at least May 2022.
The leaked presentation (see below), entitled 'Cohesive hybrid compute', read: "Our vision: develop a next generation hybrid game platform capable of leveraging the combined power of the client and cloud to deliver deeper immersion and entirely new classes of game experiences.
source https://www.gamesindustry.biz/xbox-planning-hybrid-cloud-gaming-platform-for-2028