The game's Comrades DLC, which came out on consoles last year and will ship with the PC version, introduced online co-op to the game, with players working together to complete quests. So that's likely where the "Xbox Live cross-platform co-op" will come in (don't expect to run through the campaign with your friends on console or anything like that).
The Steam version of the game won't have the same functionality, sadly (although it will have the Steam workshop for mods, which is a bonus).
The game is due to come out on PC on March 6. As Joe found out last year, it'll look incredible in 4K if you've got the PC to handle it (sadly, I don't), but lower-end rigs will still be able to enjoy it thanks to the accessible minimum specs.