Naughty Dog says it's looking forward to "sharing more soon" on the multiplayer title and its new single player game.
It's been claimed that a number of first party Sony games skipped the recent PlayStation Showcase even though they were ready to be announced.
The port is allegedly one of several games that was ready to be announced but ended up skipping the recent PlayStation Showcase.
The company has also unveiled the first official wireless PlayStation earbuds, which will offer lossless audio.
New gadgets and abilities, individual and shared skill trees, spatial 3D audio and DualSense support are also confirmed.
Miles Morales and Peter Parker track the Lizard across Queens, and we get a peek at their new abilities and some stunning set pieces.
Metal Gear Solid Master Collection Vol. 1, which includes the first three games in the series, is also coming to PS5 this Autumn.
Unlike its predecessor, Helldivers 2 will be a fully third person experience. It's due out later this year.
The shooter appears to be Haven's live-service title exclusive to PS5 and seemingly features PvEvP elements with three-player teams.
Previously, the company's live service roadmap listed 10 upcoming titles for the same period.
"The learnings from Bungie have been very substantial in many areas," says PlayStation Studios boss Hermen Hulst.
Players can now purchase engines and equip them in supported cars. The update also adds two new GT Café Extra Menus and Scapes.
Sony also provided valuable development support for the action RPG, producer Naoki Yoshida says.
It was recently reported that the PlayStation-partnered studio had been hit with layoffs amidst ongoing work on a new multiplayer IP.
It's focused on a mix of single-player and live-service titles but projects a 60 percent investment in live service for the PS5.
PlayStation Plus Premium has eight million subscribers, while Extra has 6.1 million. Both tiers make up 30 percent of the total base.
Insomniac's remaster generated $52 million in revenue, while Naughty Dog's remake earned $15.5 million since releasing on PC.
Compared to the first six weeks of PlayStation VR's launch, sales for the virtual reality device are up by eight percent.
Marvel's Spider-Man 2 will not feature co-op, and will instead focus on being an epic single-player adventure, according to the studio.
It's been claimed that contrary to recent rumours, Metal Gear Solid 3's remake will be announced for PS5, Xbox Series X/S, and PC.