http://www.engadget.com/2013/10/04/v...ecs/#continued
A bit more Details. Pretty odd that AMD got locked out of the steambox. I guess AMD lack of support for OPEN GL and poor linux drivers in general did it.
Seems to balance things out a bit better for AMD and Nvidia. With AMD getting consoles, this at least helps(but it doesn't come close to equalizing things for Nvidia) helps Nvidia a bit.
What this could do if Nvidia is willing to put its foot forward is it gives them a real chance to counter Mantle. If I were Nvidia, i would give Valve an insane amount(20 million, considering the figure thrown around for other deals lately) of money to get involved in building the next source Engine and build it around Nvidia hardware and a new low level API.
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