Less a month after the release of  Internet Explorer 9, Microsoft is already showcasing the next iteration of its browser.

Speaking at its MIZ11 Developer Conference in Las Vegas today, Microsoft gave a sneak peak into the future of Internet Explorer Like its predecessor, IE 10 is built from the ground-up for HTML5. But unlike the transition between IE6 and IE7 Microsoft isn't planning a extensive shift with the latest version of Internet Explorer. That is unsurprising given that IE9 has been well-recieved by reviewers thus far.

Web sites and HTML5 run best when they run natively, on a browser optimized for the operating system on your device, writes Microsoft on the company blog. In addition to improved hardware acccelration, IE10 will have support for CSS3 Gradients and Flexible Box Layout. 

While Microsoft has not announced an official release date for IE10, most speculation points to a concurrent release with Windows 8, expected in 2012. That doesn't necessarily mean that Microsoft will not release the browser ahead of the next iteration of its operating system.