Microsoft is confirming today that it’s working on a next-gen Xbox console in partnership with AMD. Xbox president Sarah Bond made the announcement in a minute-long video posted to YouTube, promising to deliver “an Xbox experience not locked to a single store or tied to one device.”

Microsoft ( MSFT, Financials) is rethinking the game console again. The company confirmed Tuesday that its next-gen Xbox will feature a custom AMD ( AMD, Financials) chip and run on Windows; but this time, it won't be locked to just one device or store.

Microsoft’s Sarah Bond has announced a strategic partnership with AMD to engineer and build the next generation of Xbox consoles and handheld devices together. “Together with AMD we’re advancing the state of art in gaming silicon to deliver the next generation of graphics innovation to unlock a deeper level of visual quality and immersive gameplay and player experiences enhanced with the power of AI,