The Steam Box is definitely real, according to Gabe Newell, CEO of Valve. In fact, it may exist in different form factors, and one of them is in fact what you see above: a $999 custom PC with a quad-core 64-bit x86-based processor, up to 8GB of DDR3 RAM, an SSD as large as a terabyte, supports up to three displays and resolutions of up to 4096×216. The motherboard is tiered into three parts so that it can fit into the small cube (which can fit in a human hand), and is upgrade-able as time goes on. It’s only a prototype in its current stage, but in the coming months more work will be put towards the project, and something very materialistic will come out of it: a Steam console.
Via: PC World