Multiple sources suggest an Xbox showcase is happening in Early 2023

Having said that, Microsoft might kick off 2023 with a splash, as many reports point to an early 2023 game presentation.

Rand Al Thor 19 and Jez Corden addressed the possibility of an impending Xbox Games Showcase on The Xbox Two podcast, with the former claiming to have heard from two distinct sources that Xbox is planning a showcase in early 2023.

(The expansion) is scheduled to begin in early 2023.
“We’ll have more to discuss after the new year,” they said, adding to the idea of a showcase in early 2023.

Whether or not a demonstration is planned, many Xbox fans are growing impatient since, aside from Game Pass, Microsoft has done nothing to justify acquiring an Xbox system.