David Scott Jaffe recently said on Twitter that the PS5 Reveal Event is happening in Less Than 4 weeks and is the worst kept secret.

For those who don’t know who David Scott Jaffe is, He used to be a game developer, and he has worked on God Of War and Twisted Metal.

PS5 reveal is less than 4 weeks away. Sony knows hard core gamers are hanging on every scrap of info and know that just cause MSFT dominates the conversation at the moment, that's an easy thing to change when they are ready to reveal (assuming the reveal is good). — David Scott Jaffe (@davidscottjaffe) January 16, 2020

Sony recently announced that they won’t be at E3 2020, and that might be a good decision since a lot of attendees’ personal information was leaked.

According to most of the rumours, the PS5 reveal event might be happening on 12th February. The person who leaked Assassin’s Creed Ragnarok’s first image stated that the game will be revealed on 12th February so there is a high possibility

Source

Jason Schreier also recently said in a podcast that Both consoles are so equal in power and that both consoles’ GPUs are more powerful than an Nvidia RTX 2080 which is very powerful he also stated that Sony is trying to future proof the PlayStation 5,

a normal RTX 2080 has around 10 Teraflops of power which means that PS5 will have power around 10-12 Teraflops.

Source

For those who don’t know who Jason Schreier is, Jason Schreier is the news editor for Kotaku he has also covered news for Wired. He also stated in the podcast that all the Sony First Party games will only be available on the PlayStation 5, and won’t be Cross-Gen. Sony wants its first-party developers to take full advantage of the new hardware.