US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks 
OpenAI Launches GPT-6 Astra With Advanced AI Agent Capabilities 
Chinese AI Stocks Rally After OpenAI Launches GPT-6 Astra 
Anthropic IPO Marketing Expected to Start in Mid-October 
Xiaomi Shares Jump on Europe EV Expansion Plan 
Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability 
Japan, US Target AI and Chips in $550 Billion Investment Push 
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips 
Texas Republicans Turn Against AI Data Centers as Election Backlash Grows 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment 
South Korea, US Discuss Chip Investments Amid Tariff Plans 
U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies 
Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada 
Faraday Future Delivers First Robots in Middle East, Plans September Launches 
Add as a preferred source on Google
After many information leaks and patents surfacing on the internet, Sony confirmed that PlayStation 5 is in the making a few months ago. And recently a Swedish online store has listed PlayStation 5.
Sony has yet to announce other key details about PlayStation 5 including its specific release date and actual cost. This left fans relying on varying forecasts of analysts and on leaked information to predict how much they are going to spend on the upcoming console.
PlayStation 5 price, pre-order: Console’s cost estimated at over $1,000
The Swedish online store Media Markt is the source of the latest buzz around PlayStation 5 after it listed the upcoming console on its website. Based on the information of the page, people can now pre-order the console although they have to do so without really knowing yet how much it will cost.
Media Markt accepts PlayStation 5 pre-orders for 9,999 Swedish kronor or around $1,036 based on the latest foreign exchange rate. The website does have a disclaimer though that the price and product information they provided is “preliminary” and can be changed in the future. The said price point is significantly higher than what has been told in leaks and industry analyst forecast.
In 2018, a leak spread online likely taken from PlayStation 5 dev kits that Sony distributed to developers in various regions. So far, it has been partially accurate and got some of the CPU and GPU details right. It mentioned that the upcoming console is slated to be priced at $500, which seems like a small adjustment. Then, earlier this year, industry analyst Michael Pachter said he eyes the gaming rig to cost around $800.
PlayStation 5 specs, release date: What price tag to expect?
Since PlayStation 5 is a next-generation console, there are many variables to consider in predicting its final market price. But what gaming fans can use for now are the confirmed specs.
Sony PlayStation lead systems architect Mark Cerny confirmed to Wired that its CPU is a 7-nanometer AMD Ryzen based on Zen 2 microarchitecture. AMD will also make its GPU based on the Radeon Navi family that is known for ray tracing. Cerny also emphasized that PlayStation 5 is going to sport SDD that is more expensive than HDD. These major upgrades are aimed to support next-level features such as 8K graphics and 3D audio.
The company has also previously stated that PlayStation 5 is designed for hardcore gamers. That could mean the niche of gamers that would not mind spending as much as $1,000 for a console.
As mentioned, Sony wants to keep the PlayStation 5 release date a secret but confirmed it would not happen this year. With the amount of confirmed information at this point, many are anticipating the console to launch in 2020.
Photo from Marco Verch via Flickr licensed under CC BY 2.0.
