The latest State of Play footage looks fantastic.
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The latest PlayStation State of Play focusing on Horizon Forbidden West just wrapped up. This near 20 minute long stream included about 15 minutes of fresh, never before seen gameplay footage.

The gameplay video, embedded below, provides us with a look at the game running on PlayStation 5 hardware. Keep in mind that that this game is also coming to the PlayStation 4. I'm not sure how they're going to be able to pull that off given what the PS5 version looks like, but it should be interesting.

The PlayStation 5 release will supposedly feature at least two different graphical options: 4K at 30FPS with high fidelity visuals and 4K at 60FPS with some graphical cutbacks to hit higher framerates.

A release date for Horizon Forbidden West hasn't been announced yet.