AMD has confirmed via a press release that it will be holding a special press event for graphics technology on February 28. The one-hour live event, titled Capsaicin & Cream, is going to be part of GDC 2017 where the Radeon boss Raja Koduri will showcase the upcoming Radeon 500 series based on the next generation Vega 10 and Vega 11 GPUs.

Vega 10 and Vega 11 Preview Coming at AMD Capsaicin & Cream

AMD’s holding Capsaicin & Cream event was originally revealed last week. It was reported that the event would give “an exclusive glimpse into the Summer of Radeon and beyond.” Here’s an excerpt from today’s press release:

Hosted by Radeon Technologies Group’s Senior Vice President and Chief Architect, Raja Koduri, the show will be a celebration of PC gaming, the technology steering its future, and the developers who work tirelessly to transform their imaginations into tomorrow’s blockbuster games. The one-hour live event will offer PC gaming enthusiasts and developers around the world a preview of AMD’s latest graphics and processor technologies, reveal exciting new details surrounding Vega, and showcase the summer’s most anticipated PC and VR games from visionary game developers.

The Capsaicin livestream kicks off at 10:30AM PT, followed by the Cream Developer Sessions at 2:30PM, with a special talk featuring Unity and Epic.

What we know about AMD Vega 10 and Vega 11 so far

Starting with the basics, the Vega architecture will be built using the latest 14nm process technology offering the most significant jump in performance and power efficiency for AMD in half a decade. The new Vega GPUs will be offered in two variants: Vega 10 and Vega 11.

Vega 10 will be the flagship of the new Radeon 500 series stack and is set to take on Nvidia’s Pascal based GeForce GTX 1080 and the upcoming GTX 1080 Ti. We’ve already seen an early sample of the GPU in action, outperforming the GTX 1080 by approximately 10%.

The demo system was running on 300 series Fury drivers so expect more performance out of Vega when it will use optimised drivers and proper cooling at launch.

There is very little we know about the smaller chip, the Vega 11. This GPU hasn’t been part of any public demonstration yet; all we’ve heard so far is that it will effectively replace the current Polaris 10 and deliver GTX 1070 levels of performance. Hopefully, we’ll see our first ever preview of Vega 11 at the February 28 event.

The Vega-based Radeon 500 series is expected to launch in May. To learn more about AMD Vega GPU specs, performance and price rumors, click here.