The Microsoft Build was a 4 day tech conference. We have already seen the live demo of The Cloud power in action highlighting how The Xbox One will benefit from this.
Here is a nice read on how DX12 will double GPU performance and give devs the tools to utilize this Powaz.
http://www.neowin.net/news/directx-12-a-game-changer-for-xbox-one
Couple DX12 with the Cloud?........................The possibilities are endless.
Enjoy!
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