Microsoft will reveal DirectX 12 this month at the Games Developers Conference in San Francisco. Microsoft confirmed DirectX 12 via a landing page on the DirectX blog as well as posting in the event's session schedule. DirectX 12 will be the first generational leap for the platform since DirectX 11 made its debut in 2008.
At 10am PT on March 20, Anuj Gosalia, Windows graphics development manager at Microsoft will present the new API, though additional details remain scarce. The panel's description highlights how the company plans to deliver on demands of better tools for developers, added performance, and support for an "unparalleled assortment of hardware," with specific mention of PCs, tablets, phones, and consoles.
Source: IGN