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G2ThaUNiT said:

I predict this will be the year we find out what the hell Zenimax Online Studios have been working on for the past 6 years! lol we just know it's a new IP.

From Wiki:

"In December 2020, ZeniMax Online Studios formed a satellite office in San Diego to work on an original intellectual property.[14] Ben Jones, Creative Director at ZeniMax Online Studios stated in October 2022 that the company was developing the new IP for four and a half years with a team of about 200 people.[15] ZeniMax Media was acquired by Microsoft for US$7.5 billion in March 2021 and became part of Xbox Game Studios."

Based on the above, we know it's a new IP and that it was started before MS bought them out.

I'm not sure of the looseness of "new ip", does it mean a brand new gaming world/characters, or a brand new style of gamr set in an existing world (like Mario Kart was to other Mario games)?