By Annie Palmer For Dailymail.com
Published: 22:35 GMT, 18 March 2019 | Updated: 23:00 GMT, 18 March 2019
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Google may be prepared to declare war on the gaming console.
The search giant is hosting a much-anticipated keynote event at 1pm (ET) on Tuesday at the annual Game Developer Conference, where it's widely expected to launch a cloud-based 'Netflix for games.'
New gaming hardware may also be in the works, as rumors have suggested it will launch a low-cost console or some kind of game controller.
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Google is reportedly planning a major foray into the gaming world. The search giant may launch a service thought to be like a 'Netflix for games,' as well as new gaming hardware
Google is said to be planning to release a piece of hardware that's cheaper than Microsoft's Xbox or Sony's PlayStation.
Alongside that, the firm is reportedly planning a subscription-based gaming service that uses technology it first teased in its 'Project Stream' initiative.
Project Stream lasted for three months and had many users participating in the trial.
Users could play Assassin's Creed Odyssey in Google Chrome and were only required to supply their own PlayStation or Xbox controller, as well as a 25 megabit per second internet connection.
It's possible that Google could launch its own controllers to go with the streaming service.
Public tests of Project Stream ended in January.
The unveiling of a new gaming console and a 'Netflix for games' service could come as soon as next month, as Google teased a