Valve's broken its silence to announce a bevy of new features, projects, and hardware, some we've already known about, and others... not so much. I hope you're wearing your brown pants.
SteamDBValve announced the Source 2 engine, the successor to the Source engine used in Valve's games since the launch of Counter-Strike: Source and Half-Life 2. "The value of a platform like the PC is how much it increases the productivity of those who use the platform. With Source 2, our focus is increasing creator productivity. Given how important user generated content is becoming, Source 2 is designed not for just the professional developer, but enabling gamers themselves to participate in the creation and development of their favorite games," said Valve's Jay Stelly. "We will be making Source 2 available for free to content developers. This combined with recent announcements by Epic and Unity will help continue the PCs dominance as the premiere content authoring platform."
And that's not all. They also unveiled Steam Link, a device that allows Steam users to stream content from their PC (or Steam Machine, if you're into that sort of thing) on the same network, and will be released this Fall. Valve is also releasing the Steam Controller in the Fall as well. Each item will be priced at $49.99. They're also presenting their VR headsets, with developer versions supposed to be out by the Spring. Finally, they've announced Lighthouse, a "room tracking system" that can be integrated with televisions, phones, headsets, etc. Valve plans to make this technology free for all developers interested.
Sadly, Half Life 3 was still not confirmed. 8 more years!