https://wccftech.com/demons-souls-ray-tracing/

The Demon's Souls PlayStation 5 remake is not going to feature ray tracing support, contrary to what was previously announced.

Speaking with Level Up, Creative Director Gavin Moore confirmed that the upcoming remake of the first entry in the Souls series is not going to support ray tracing, saying that there was a cost in implementing it and doing so would have meant for something else to be left out.