Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users 
ByteDance Unveils New AI Voice Assistant for ZTE Smartphones 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
Intel Boosts Malaysia Operations with Additional RM860 Million Investment 
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation 
The PlayStation 5 is currently making headlines in the gaming community as Sony has now confirmed that this next-generation console is indeed in development. While some gamers feel that the PlayStation 4 still has a lot of life left in it, John Kodera, CEO of Sony Interactive Entertainment, believes otherwise, VG247 reported.
And seeing how the gaming market is currently shaping, Kodera’s sentiment is understandable. Indeed, one would only need to look at the looming triple-A titles in the coming months to see that the PlayStation 4 is so far behind the specs of PCs. Of course, this isn’t to say that these games aren’t playable on the current console but it doesn’t necessarily bring out the best video quality either. As such, Sony decided to create the PlayStation 5, which can keep up with the 4K TVs that are becoming more and more ubiquitous.
However, it will be years before this next-generation system hits the market. Kodera said that they will use the next three years in order to gather momentum, so when they launch the PlayStation 5, it will exceed the market’s expectation. This is a great strategy to implement, especially since a lot of gamers still feel that the current console hasn’t run its full life cycle just yet.
So when exactly is the PlayStation 5 coming out? Judging by Kodera’s statement, it will be pushed out of the door in 2021 at the earliest. One needs to understand that creating a new console takes a lot of time. As opposed to PCs which can freely switch to different hardware pieces, consoles such as the PlayStation 5 don’t necessarily have that flexibility.
As this is the case, Sony will need to outfit the PlayStation 5 with hardware that can smoothly run graphics-heavy games that will come out in the future. But even if it can, it’s expected to lag behind as games grow exponentially graphics-wise. Indeed, The PS4 already displayed this when Sony released different iterations of the console in the form of the PS4 Slim and the PS4 Pro.
The reason for releasing different variants of the console is to keep up with triple-A games that require high-end hardware in order to push the settings to ultra. As such, Sony is creating the PlayStation 5 with the idea of giving players the best in-game experience gamers can enjoy. It’ll also need to ensure that the console will last for years before the torch is passed to the next generation of the product.
