The drawing features snow, ice, and water on one half, and a medieval castle on the other half so far, strongly suggesting that the Viking rumors are true. Rumor is today's reveal is just this teaser, with gameplay next week, possibly at the rumored Xbox event on May 5th.

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Edit: The artwork is done. Assassin's Creed Valhalla, reveal trailer will be tomorrow at 8 AM PDT, 5 PM CEST.

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Edit 2:

What time is that, JST wise?
Or relative from now?

It's already live. They have a concept artist drawing teaser artwork in real time. 

Thanks. Although I've gotta say it's pretty boring so far. I guess one of the reasons I suck at drawing is my lack of patience

I always tell myself I should take the time to learn digital painting... but then I always just play videogames

I wanna bet , that this games will take on the same time line as Vinland Saga story and anime LOL. It perfect match with character caring a dagger and Nordic themes

Dang this is slow, lol. He is still working on the background after 2 and a half hours, once he finishes that he still has to do the character in the middle and add in the title and info about the rumored full reveal next week.

He's getting close to finishing it now it looks like.

All that for an announcement of a trailer tomorrow, Lul.

That artwork is cool though.

Lol, should have figured Ubisoft would pull something like that.

So reveal trailer tomorrow, and if Jason Schreier was right (and he usually is when it comes to AC leaks), gameplay next week. Guessing they'll announce the gameplay reveal next week at the end of the trailer tomorrow. Here's hoping it is at the rumored May 5th Xbox event.