Plus Dolby Atmos support, new accessibility features, and much more.
Options screen from PS5 beta update showing that you can now use Dolby Atmos supported audio devices.

A new beta is underway for the PlayStation 5 system software. This update includes some very nice new features, including several new accessibility features, support for Dolby Atmos audio, improvements for ease of use of the PS5 dashboard, support for larger M.2 drives, and much more. However, there is one addition that seems to be getting the most attention from fans and that is the addition of a new option that will let you adjust the volume of the power on beep or mute it completely.

Those in the beta are more than delighted to see that they can now mute or adjust the volume of the beep sound that players when turning the PlayStation 5 on or off. For those in the beta eager to test this out for themselves, they need only head to Settings > System > Beep Sound. Here, users can adjust the volume or just select Mute Beep Sound to enjoy the peace and quiet.

Some other neat changes in this update include the upping of the M.2 SSD maximum capacity from 4TB to 8TB. Users can now also utilize a search feature to quickly find games within their library. Those with compatible Dolby Atmos-enabled HDMI devices can now enjoy PlayStation's Tempest 3D AudioTech through devices such as soundbars.

A couple of nice new accessibility features were added. There is now also an option to feel haptic feedback responses when navigating through the PlayStation 5's dashboard with a DualSense or PlayStation VR2 Sense controller. Furthermore, you can now make use of a second controller to assist someone using the primary controller in a game. Alternatively, those who find it easier or necessary to use two controllers can use this same system to play their games.

Finally, Sony has also made some improvements to Party UI, Share Screen previews, joining friends' game sessions, tournaments within Game Hubs, and more. The full list of user-facing changes in this system update can be found on the PlayStation Blog.

As noted, this system update is currently in beta and is only available in select countries (US, Canada, Japan, UK, German, and France) for now. Sony says that they plan to release this update globally "later this year."