Project Scorpio: This is what the next Xbox looks like

If video game consoles were cars, Microsoft's Xbox division just revealed its Ferrari. The tech giant revealed the first details of Project Scorpio -- a high-end model of its Xbox One video game console launching during the Christmas holiday season -- in a report published Thursday to games website Eurogamer. Eurogamer says they traveled to Microsoft's headquarters in Redmond, Wash., to get a first look at Scorpio as well as talk to the console's top creators. According to tech specs revealed in the report, Scorpio will boast an improved processors (31% faster than Xbox One), and more memory compared to its chief rival, Sony's PlayStation 4 Pro, launched last holiday. Scorpio will also support 4K Ultra HD Blu-ray discs, and runs its own custom-built graphics processing unit.