Microsoft DirectX is a collection of APIs for handling multimedia and video games.  The current version available is DirectX 10 and it comes bundled with Windows Vista.  There isn’t a way to run DirectX 10 applications on Windows XP and the next version of DirectX will be running on Windows 7.  DirectX 11 recently was demonstrated at the Computex conference in Taiwan by Advanced Micro Devices (AMD).  Below is the full press release (via Engadget):

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