According to an article on TheRegister, gaming site Spong.com has claimed its recent story ATI will provide the chipset and graphics technology for the Xbox 2 has been confirmed by an unnamed "senior source close to Nvidia". According to Spong.com's source, "[Nvidia] didn't want to meet Microsoft's demands for the floating design of Xbox Next. It didn't make sense to partner on the project. At this moment in time, ATI is working with Microsoft." Check the entire article for more juicy rumor bits. To be taken with a serious grain of salt ..