
With Unreal Engine 5 one of their engineering goals is to "achieve photorealism on par with movie CG and real life." There is a slew of visual improvements being worked on over Unreal Engine 4 to increase that visual fidelity and we'll learn more over the coming months.
Unreal Engine 5 will also embrace the next-generation game consoles and other improvements.
More early details on UE5 via the UnrealEngine.com blog.
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