Is it me, or did the Xbox One come out, like, last week? It seems the Microsoft game console is still getting its groove on, but despite that, the Seattle tech giant will be announcing their next gaming console iteration, project-coded “Scorpio”, this June at the E3 gaming show in Los Angeles.

Scorpio is rumored to be a 4K-capable Xbox One that Microsoft is already claiming will be the “most powerful console ever built.” It will sport 4K gaming (as mentioned), six teraflops of power, 30 GB/second memory bandwidth and eight CPU cores. What does this mean to you? Well, some serious high-end gaming at console price and convenience.

If that sounds a lot like the PS4 Pro, you’d be right, but Microsoft is insistent that Scorpio will run circles around the Sony console in terms of performance. For instance, Scorpio promises 6 teraflops of computing power, while he PS4 Pro claims 4.12 of the same.

If you think this means consoles will be more powerful than their PC gaming cousins though, you’d be wrong. For instance, the Nvidia GTX1080 graphics card that’s already available for PCs, blazes along at 8.2 teraflops.

This will most likely be available by holiday season 2017.