EA Investing $80 Million Into Next-Gen Game Development

EA said today it plans to invest $80 million into game development for next-generation consoles.

The company revealed the number during its latest quarterly earnings release. "We are very impressed and have decided to invest in the next generation of consoles," a spokesperson told Game Informer.

Sony and Microsoft both stated they plan to not reveal any new hardware at E3 next month. Nintendo will use the opportunity to re-unveil the Wii U.