Ha no one will moan on this Peasant Side !Before people start moaning its a PS5 video. This engine is coming to all next gen consoles and PC.
Unreal Engine 5 is coming in late 2021.
Xbox Game Studios using Unreal Engine:
Playground Games (rumored)
I think from memory Epic said they had an updated version of Unreal 4, which is 4.25, which includes more next gen capability and will also allow relatively easy transition to Unreal 5 when available. So expect they're working on this and various things Epic have confirmed UE5 will be able to do better.So how does that work? They’ve confirmed its being built on UE5 but not available til next year...so develop on UE4 and then port over? Can’t imagine that’s particularly easy...