IT'S HAPPENING!!!!!
Steam Machine 2.0 on its way. Crazy how Valve are just getting right down to business and doing this, while Microsoft can seemingly only flirt about the idea and have a GOAT'ed person leak it in a Discord chat
Would be funny if Papa Phil would be tad late even on this party.
They've been late on PC gaming in general so I won't be surprised if they're out-of-position on this initiative too. Which could be very troublesome for them since Valve has Steam as a market asset, and will prefer migration to Steam OS for PC gaming over Windows.
Still, MS do have their money as its own advantage; if they can manage to drum up enough interest, they can get the necessary volume out there quickly. But that same theoretical advantage has also existed for Game Pass and, well, that service hasn't been growing much at all over the past two years.