Microsoft is hosting the 'Future of Xbox' event on February 15, featuring key executives like CEO Phil Spencer.

The event will include a special edition of the Official Xbox Podcast, with discussions on Xbox's strategy and vision.

Microsoft plans to announce the publication of select Xbox games on rival platforms, including PlayStation and Nintendo.

Titles mentioned for cross-platform release include Hi-Fi Rush, Sea of Thieves, and Bethesda games.

The strategy shift is in response to Xbox Series S and X's sales performance and a slowdown in Xbox Game Pass subscriptions.

Despite recent layoffs, Microsoft remains committed to the Xbox console, which will remain central to its strategy.

The podcast will address Microsoft's broader plans to grow its gaming division and expand its gaming reach and revenue.