The new CEO of Xbox confirms next-gen console, codenamed Project Helix, can play both Xbox and PC games. Asha Sharma

Microsoft's Xbox division has confirmed it's working on a new console, code-named Project Helix.

Now, a social media post from Xbox CEO Asha Sharma reveals that the next Xbox console is being developed under the code name “Project Helix” and will be part of “the return of Xbox.”