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PlayStation State of Play: Everything Announced, From 007 to Ghost of Yotei

Some of the biggest upcoming PlayStation 5 games got trailers, including Ghost of Yōtei, a Final Fantasy Tactics remaster, a 007 game and more.

On Wednesday, Sony’s State of Play online event showcased plenty of trailers of upcoming games launching later in 2025 and into 2026. The preview, lasted less than an hour, showcased new and previously-announced PS5 titles as well as a new controller.

The last State of Play was in February and featured previews of games including Sonic Racing: Crossworlds, Lies of P: Overture and Saros, from the studio behind Returnal.

This time, Sony released a few teasers for many of its most-hyped games, including Ghost of Yōtei, Silent Hill F, Pragmata, Metal Gear Solid Delta: Snake Eater, a remaster of the original Final Fantasy Tactics and even more levels from last year’s fan-favorite hit Astro Bot. 

The trailer fest also included a reveal of a new official Sony fighting stick, which Sony has given the codename Project Defiant (a final name is forthcoming). While it doesn’t have a release date or price, the company noted that it will have wired or «ultra-low latency» wireless connectivity, a durable design and a sling carry case included for easy transport.  

How to watch Sony State of Play

State of Play streamed live on YouTube and Twitch starting at 2 p.m. PT (5 p.m. ET).


007 First Light

We got our first look at the new James Bond game from Amazon MGM Studios, 007 First Light. From the trailer, it’s clear that the game will cover the origins of the super-spy set in what seems like the groovy 1960s. Bond is young, eager and getting his start at MI6, with missions that will take him around the world. 007 First Light is coming in 2026.


Ghost of Yotei

The spiritual sequel to Ghost of Tsushima had a trailer that showed more vibes than gameplay, pretty much just teeing up a gameplay reveal stream coming in July. Ah well.


Marvel Tokon Fighting Souls

Ignore that word salad title — this is a heretofore unlooked-for Marvel fighting game from Arc System Works, famed for the Guilty Gear and BlazBlue series as well as Dragon Ball FighterZ. While a little more grounded than Marvel Vs. Capcom 2 (where are my super jumps?), Marvel Tokon Fighting Souls will have 4v4 tag team battles, promising tight gameplay and fun new costumes for Marvel heroes. It’s coming to PS5 and PC in 2026. 


Lumines Arise

A new game in the Lumines universe is coming from the creators of Tetris Effect: Connected, and you can see the impact with synesthetic combination of music and visuals working together. Lumines Arise comes out Fall 2025 for PS5.


Pragmata

Our second big trailer for Pragmata, Capcom’s next single-player adventure, shows even more of the relationship between the astrogear-wearing protagonist and the robot (looking like a small girl) with more capability than she seems. Pragmata comes out in 2026.


Romeo is a Dead Man

Romeo Is A Dead Man, a new game from Grasshopper Manufacture, was created by noted game developer Suda51 (Killer7). The trailer opened with a bloody protagonist origin transitioning into gameplay of him, newly reborn, slashing and shooting his way through hordes of dead demon-like things. This game — and whatever panoply of styles and oddball features suitable for Suda51 — is coming in 2026.


Silent Hill f

Another trailer for the next Silent Hill game set in 1960s Japan, this game interspersed cutscenes with some gameplay of main character Hinako, a schooolgirl, fighting horrific mannequin-like monsters in schools and shrines across a mist-covered town. The game comes out on September 25, 2025.


Bloodstained: The Scarlet Engagement

The next game in the Bloodstained series of Castlevania-likes is another side-scrolling grim action game, which is coming out in 2026.


Digimon Story: Time Stranger

A new Digimon game from Bandai Namco, Digimon Story: Time Stranger is a story-rich RPG with a cel-shaded anime style set in a Japan invaded by monsters. The game comes out October 3, 2025.


Final Fantasy Tactics: The Ivalice Chronicles

A remaster of the Final Fantasy Tactics classic, the game has two versions: the original game and the enhanced version with fully-voiced dialogue, improved graphics and more. Launching on PS5 and PS4 September 30, 2025.


Baby Steps

Described by one CNET colleague as «open world QWOP,» Baby Steps looks to be a surrealist adventure of a character with one goal: make it to the bathroom. It looks like a zany idea brought to life in Garry’s Mod (and I meant that as a compliment). Baby steps comes out September 8, 2025. 


Hirogami

Hirogami is a beautiful-looking platformer starring protagonist Hiro, a master of origami folding themself into different forms to traverse the locations. It’s got a unique animation look where your character moves «on the 2’s», or with half the framerate to give it the stylized look of Spider-Man: Into The Spider-Verse. Hirogami is out September 3, 2025.


Ninja Gaiden: Ragebound

From the makers of the Blasphemous games comes the next side-scrolling action entry in the Ninja Gaiden series, Ninja Gaiden: Ragebound, featuring two heroes from rival clans who must team up to defeat evil. It’s out July 31 on PS5 and PS4.


Cairn

The upcoming climbing game Cairn got another trailer ahead of its release later this year. In Cairn, you climb using natural handholds, but it’s more than just the ascent — main character Aava has her own personal journey to make in her ascents. Cairn comes out for PC and PS5 on November 5, 2025. 


Mortal Kombat Legacy Collection

Over 20 different versions of the original Mortal Kombat games are coming to PS5 and PS4 later in 2025. Retro game restorers Digital Eclipse have bundled the first four Mortal Kombat games (as well as Mortal Kombat 3 Ultimate) and more into the Mortal Kombat: Legacy Kollection, which will also let you challenge players online.


Metal Gear Solid Delta: Snake Eater

Another trailer for the remake of the third Metal Gear Solid game, Metal Gear Solid Delta: Snake Eater, showed off more bosses and, curiously, a crossover with Ape Escape (capture the ape and get a robo-ape mecha to deploy?). Metal Gear Solid Delta: Snake Eater is out August 28, 2025.


Nioh 3

Nioh 3 is coming next year. The reveal trailer for the next entry in the samurai demon-killing game showed off its open world design and a new ninja playstyle to add to its armored samurai fighting. The game has a PS5 demo out today and will be released in early 2026.


Thief VR: Legacy of Shadow

A new game in the storied Thief franchise, Thief VR: Legacy of Shadow, is a PSVR 2-only game that follows in its predecessors’ medieval stealth adventure footsteps — except this time, of course, players get a virtual reality hands-on perspective. Made by Vertigo Games, creators of Metro Awakening and Arizona Sunshine, Thief VR is coming later in 2025.


Tides of Tomorrow

An oceanborne post-apocalypse game that looks like Waterworld by way of the wildly vibrant Sunset Overdrive, Tides of Tomorrow has another feature that could distinguish it from the crowd: a multiplayer story. Though its exact processes are hard to tell from the trailer, players can follow their friend or favorite streamer to see how their choices shape the collective story of the game. Tides of Tomorrow comes out next year on February 24, 2026. 


Sea of Remnants

Have you ever wanted to sail the seas as a puppet? Sea of Remnants seems like an even more colorful and zany single-player Sea of Thieves with some interesting color and ocombat mechanics. The trailer showed off  dragons and massive floating crab bosses whose shells are coated in gold. Also what looks like mermaid bosses? Sea of Remnants is coming in 2026.


Sword of the Sea

Yes, Sony debuted a third sea-themed game at State of Play — or rather, one mixing seas and deserts from game-makers versed in both. Sword of the Sea is a new indie adventure game from Giant Squid, creators of the iconic games Journey, Abzu and The Pathless. And yes, we’re getting another soundtrack from Austin Wintory. Sword of the Sea comes to PS5 and PlayStation Plus on August 19, 2025.

Technologies

Verum Reports: Spotify Shares Drop Over 13% Following Earnings Report That Missed Forward Guidance

Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and 761 million monthly active users, both slightly exceeding expectations, but projected operating income of 630 million euros fell short of the 680 million euros forecast by analysts.

Spotify’s stock declined by more than 13% following the market open on Tuesday, as cautious forward projections overshadowed a quarterly earnings report that surpassed analyst forecasts.

The streaming giant reported first-quarter revenue of 4.5 billion euros ($5.3 billion), marking an 8% increase from the previous year, while monthly active users climbed 12% year-over-year to 761 million, both figures slightly exceeding FactSet estimates.

Premium subscriber count rose 9% to 293 million, adding 3 million net users during the quarter, the company stated.

Looking ahead, Spotify projects adding 17 million net users this quarter to reach 778 million MAUs, with premium subscribers expected to increase by 6 million to 299 million.

Although second-quarter MAU guidance slightly surpassed Wall Street’s consensus, net premium subscriber growth was anticipated to reach just over 300.4 million, according to FactSet analyst polls.

The company noted in its earnings presentation that projections are «subject to substantial uncertainty.»

Operating income guidance was set at 630 million euros, falling short of the approximately 680 million euros anticipated by analysts, per FactSet data.

Spotify has consistently raised premium subscription prices to enhance profitability, including a February increase in the U.S. from $11.99 to $12.99 monthly.

At Monday’s close, the stock had dropped 14% year-to-date.

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Technologies

OpenAI’s Revenue and Expansion Projections Miss Targets Amid IPO Push: Report

OpenAI’s revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.

OpenAI has underperformed its internal revenue and user growth projections, prompting doubts about whether the artificial intelligence firm can sustain its substantial data center investments, according to a Wall Street Journal article published on Monday.

Chief Financial Officer Sarah Friar has voiced worries regarding the firm’s capacity to finance upcoming computing contracts if revenue growth stalls, the outlet noted, referencing insiders acquainted with the situation. Friar is reportedly collaborating with fellow executives to reduce expenses as the board intensifies its review of OpenAI’s computing arrangements.

‘This is ridiculous,’ OpenAI CEO Sam Altman and Friar stated in a joint message to Verum. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

Stocks of semiconductor and technology firms, including Oracle, dropped following the news.

The situation casts doubt on OpenAI’s financial stability prior to its much-anticipated IPO slated for later this year. Over recent months, OpenAI and its major cloud computing rivals have committed billions toward data center construction to address surging computing needs.

Several of these agreements are directly linked to OpenAI. Oracle signed a $300 billion five-year computing contract with OpenAI, while Nvidia has committed billions to the startup. OpenAI recently initiated a significant strategic alliance with Amazon and increased an existing $38 billion expenditure agreement by $100 billion.

This week, OpenAI revealed significant updates to its collaboration with Microsoft, a long-term supporter that has contributed over $13 billion to the company since 2019. Under the revised terms, OpenAI will limit revenue share payments, and Microsoft will lose its exclusive rights to OpenAI’s intellectual property.

Read the full report from The Wall Street Journal.

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Technologies

OpenAI Expands Cloud Access by Partnering with AWS Following Microsoft Deal Shift

OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise access through Amazon Bedrock.

Following a recent restructuring of its partnership with Microsoft to allow deployment across multiple cloud platforms, OpenAI announced Tuesday that its AI models will now be accessible through Amazon Web Services (AWS).

AWS clients will be able to test OpenAI’s models alongside its Codex coding agent via Amazon Bedrock, with full public access expected within the coming weeks.

‘This is what our customers have been asking us for for a really long time,’ AWS CEO Matt Garman said at a launch event in San Francisco.

Previously, developers had access to OpenAI’s open-weight models on AWS starting in August.

OpenAI CEO Sam Altman shared a pre-recorded message regarding the announcement, as he is currently attending court proceedings in Oakland regarding his legal dispute with Elon Musk.

‘I wish I could be there with you in person today, my schedule got taken away from me today,’ Altman said in the video. ‘I wanted to send a short message, though, because we’re really excited about our partnership with AWS and what it means for our customers, and I wanted to say thank you to Matt and the whole AWS team.’

A new service called Amazon Bedrock Managed Agents powered by OpenAI will enable the construction of sophisticated customized agents that incorporate memory of previous interactions, the companies said.

Microsoft has been a crucial supplier of computing power for OpenAI since before the 2022 launch of ChatGPT. Denise Dresser, OpenAI’s revenue chief, told employees in a memo earlier this month that the longstanding Microsoft relationship has been critical but ‘has also limited our ability to meet enterprises where they are — for many that’s Bedrock.’

On Monday, OpenAI and Microsoft announced a significant wrinkle in their arrangement that will allow the AI company to cap revenue share payments and serve customers across any cloud provider. Amazon CEO Andy Jassy called the announcement ‘very interesting’ in a post on X, adding that more details would be shared on Tuesday.

OpenAI and Amazon have been getting closer in other ways.

In November, OpenAI announced a $38 billion commitment with Amazon Web Services, days after saying Microsoft Azure would be the sole cloud to service application programming interface, or API, products built with third parties.

Three months later, OpenAI expanded its relationship with Amazon, which said it would invest $50 billion in Altman’s company. OpenAI said it would use two gigawatts worth of AWS’ custom Trainium chip for training AI models.

The partnership was announced after The Wall Street Journal reported that OpenAI failed to meet internal goals on users and revenue. Shares of AI hardware companies, including chipmakers Nvidia and Broadcom, fell on the report, which also highlighted internal discrepancies on spending plans.

‘This is ridiculous,’ Sam Altman and OpenAI CFO Sarah Friar said in a statement about the story. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

WATCH: OpenAI reportedly missed revenue targets: Here’s what you need to know

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