Xbox will host a new digital event on May 7, which will provide viewers with new information about the company's next console, currently codenamed Project Helix. Project Helix will be the next official console from Xbox, acting as a successor to the Series X/S. Several rumors have circulated about the system in recent months, which is to be expected before full details are made public.
Earlier this month, Xbox revealed rumors that Project Helix will be a third-party device, like the ROG Xbox Ally. Xbox VP of next-gen Jason Ronald personally stepped in to correct the speculation, noting that this will be a first-party console. That means it's made in-house at Xbox, rather than from a partner company like ASUS. There have also been rumors that Xbox will allow outside groups to offer their own Helix products, but nothing has been confirmed.

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When is Xbox's Project Helix Event
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Thursday, May 7 at 9 a.m. PT
A new digital Xbox event will be streamed on the company's YouTube channel on May 7 at 9 a.m. PT. The event is being called a “Game Dev Update,” and Jason Ronald and Xbox GM of Portfolios and Programs Chris Charla will be on hand to introduce Project Helix. The event will focus on several other elements that should be important to Xbox's partners, including information about developer tools, changes in the marketplace, and more. On top of all that, viewers can expect to see a recap of Xbox's announcements from GDC.
Rearrange the cases in the correct US release order.
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Rearrange the cases in the correct US release order.
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Currently, it's unclear exactly how much of the show will be devoted to Project Helix. However, the system is already getting a lot of promotion, with Xbox sending Project Helix gift packs to streamers. It seems that Xbox is ready to start the hype cycle for the new system, even if it won't be released for a while. Hopefully, the company will offer solid information while getting fans and developers excited about what lies ahead.
There are many concerns for Xbox ahead of the new console. First, the Xbox Series X/S struggled to find an audience, and the last few years have been tough for the brand. There has been a lot of uncertainty surrounding Xbox, largely due to the company's shifting strategies and messaging. Xbox will have to win back consumers, and that could be a challenge. Also, memory shortages could drive up the price of the new Xbox system. There have already been a number of price hikes for the Xbox Series X/S, and fans are worried about how much Project Helix will cost.
Balance the critics' averages
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Balance the critics' averages
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Right now, little information has been publicly revealed about Project Helix. New Xbox head Asha Sharma says Project Helix will play both Xbox and PC games. That could make the system appealing to many people, while greatly expanding the games the system can play. It remains to be seen if that will be enough to generate interest in the console, but it should help it stand out more, which is something the Xbox Series X/S failed to do. Fans will want to tune in to the May 7 show to see if Xbox has anything else important to reveal.