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Xbox CEO Cancels Copilot, Unveils 2027 Project Helix Console

5/8/2026

Summary

Story summary

Xbox CEO Asha Sharma announced cancellation of Copilot for Gaming and a leadership overhaul.
She reported gaming revenue fell to $5.3 billion, hardware revenue dropped 33%, and a four-point plan for hardware, games, platform and services will begin with console upgrades.
She announced Project Helix, a next-generation console slated for a 2027 developer alpha, and the appointment of four CoreAI executives—Jared Palmer, Tim Allen, Jonathan McKay and Evan Chaki—to Xbox roles.

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Story summary

Xbox CEO Asha Sharma announced cancellation of Copilot for Gaming and a leadership overhaul.
She reported gaming revenue fell to $5.3 billion, hardware revenue dropped 33%, and a four-point plan for hardware, games, platform and services will begin with console upgrades.
She announced Project Helix, a next-generation console slated for a 2027 developer alpha, and the appointment of four CoreAI executives—Jared Palmer, Tim Allen, Jonathan McKay and Evan Chaki—to Xbox roles.