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Amazon is not going to enter the 'race'

https://www.eurogamer.net/amazon-reportedly-gutting-its-video-game-division-as-part-of-14000-company-wide-job-cuts

Amazon's game division is closing up shop.


The console wars are over because the pie is shrinking. 

Global gaming software revenue:

2023: 184 Billion, 89.9 Billion Mobile, 94 Billion consoles + PC
2024: 188 Billion, 92.6 Billion Mobile, 95 Billion consoles + PC
2025: 189 Billion, 103 Billion Mobile, 86 Billion consoles + PC (projected)

Mobile is still growing, PC was still growing, console software revenue was already shrinking.
There's no growth for a new competitor to come in.