https://wccftech.com/unreal-engine-5-playstation-5-demo/

A new generation of gaming is about to kick off, but so far, we haven’t really seen much in the way of truly next-gen graphics...until now. Epic Games has just released “Lumen in the Land of Nanite,” a truly breathtaking demo of what Unreal Engine 5 will be capable of, running on the PlayStation 5. Yes, that's right -- we've got first PS5 gameplay, right here.

The demo is designed to show off two new technologies available to UE5 developers – Lumen, a new dynamic global illumination solution that will make for much more realistic lighting, and Nanite, a “virtualized micropolygon geometry” system that essentially allows developers to import film-quality models and assets into games. Basically, these two techs should help devs deliver the truly photorealistic graphics we’ve all been waiting for. But enough of my yapping, check out the Unreal Engine 5 demo for yourself, below.