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[Debunked] Valve Is Building a 'Steam Console' To Rival PS5 and Xbox, Rumour Claims
(insider-gaming.com)
this post was submitted on 04 Feb 2025
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So, kinda. "Steam Machines" was the old initiative from 2013(?). The idea was to build a coalition of 3rd party machines with a branding and hardware guidelines for Asus, Acer, etc to build a ton of console-likes. Basically trying to replicate the PC market of diverse hardware from a bunch of OEMs to create a new market segment in the console space.
The difference here is that Valve is allegedly building a console themselves, fully 1st party with their own hardware and software, like they did with the Steam Deck. I imagine if this one has enough market traction (as determined by Valve), they'll iterate on the software hard for a couple of years (and possibly the controller, too), then expand with guidelines for OEMs to make their own versions of the console using SteamOS. Basically, just follow the Steam Deck playbook and hope it works like last time.
the way I see it, steam machines led to SteamOS, which will lead to a true steam living room console.