Valve has shown off its first Steam Machine to The Verge, which featured a Core i7 processor and NVIDIA GeForce GTX TITAN GPU. Not too badly specced for a prototype if you ask me, especially considering the size of the thing... with a TITAN GPU rocking along inside of it.
You can read more on it here, but the biggest news here is that we will hear first hand at CES 2014 in just two months time the proper Steam Machines from Valve's hardware and software partners. We'll also know which games will shift over to the Linux-based Steam OS which will be another interesting and exciting part of the show.
The box you see above is just one of many Steam Machines we'll see, with the Valve team stating: "You can get far smaller, and that's what many OEMs are doing... I think it's safe to say less than a quarter of the size."