At its E3 briefing today, Microsoft announced Project Scarlett, the working name for its next-generation Xbox game console – and it sounds like it’s going to be a real powerhouse. I don’t mean to use that term lightly – if Microsoft is to be believed, this machine should see you enjoying a top-notch gaming experience several years into the future. The company says its next console will deliver a 40x performance increase compared to the current-gen Xbox, and promised reduced load times. That’s thanks to a bunch of new components under the hood, including a custom CPU that builds on…

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