PS4, PS5, Xbox One, and Xbox series X/S all share the same x86 architecture. In a sense, they speak the same underlying language, which similar to PCs.
Older PlayStation models and Xbox 360 used completely different architectures (cell, PowerPC, MIPS, etc.). With a powerful system it’s possible to simulate (emulate) another type of system by translating all the instructions and figure out how it would act.
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