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Kneetos said:

https://www.reddit.com/r/GamingLeaksAndRumours/comments/167952y/clarifying_recent_leaks_and_adding_new_info/

Just came across this
Though it is from reddit so take with a grain of salt

The cliff notes are

Backwards compatible, runs ff7 remake like a ps5 can, has a camera, square enix and sega already have dev kits

Running FF7R as a PS5 would be totally crazy if true. I'll be skeptical