Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains 
South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports 
Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules 
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive 
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips 
OpenAI Launches Stargate Community Plan to Offset Energy Costs and Support Local Power Infrastructure 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny 
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
In June 2017, gamers all over the world were treated to an announcement that the PlayStation 5 is coming. News regarding this next-generation console has been sparse but a recent interview given by Sony CEO Kenichiro Yoshida confirmed that the system is indeed in development, Express reported.
However, the CEO didn’t give a lot of details regarding the PlayStation 5. “At this point, what I can say is it’s necessary to have a next-generation hardware,” Yoshida said. Even though this announcement is new for the gaming community, game developers are already hard at work in creating titles that will run on this upcoming console.
Square Enix – the developers behind “Shadow of the Tomb Raider” and the “Kingdom Hearts” franchise – is reportedly looking for engineers who will handle projects for the PlayStation 5. As per the job description, the company is searching for engineers who have experience with current and next-gen consoles.
One of the most anticipated projects that Square Enix is working on is the “Avengers” game, which is currently in development. While there is no confirmation from the developers themselves that the game is coming to the PlayStation 5, the job description above is a telltale sign that this is the case.
Exciting as this news is for the gaming community, it seems that the PlayStation 5 will not hit the market anytime soon. The CEO of Sony Interactive Entertainment, John Kodera, said that they’re still in the process of putting up the foundation that will uphold this next-generation console.
“We will use the next three years to prepare the next step, to crouch down so that we can jump higher in the future,” Kodera said. And with the company planning to implement this business strategy in its 2020 fiscal year, the PlayStation 5 will not come out until 2021 at the very least.
As for the name of the console itself, Kodera didn’t disclose such information about the system. Although the gaming community is dubbing the upcoming system the PlayStation 5, it’s still up for debate whether Sony will adopt the name or provide the console with a different one altogether.
