Epic Games took the wraps off its Unreal Engine 5 today, showing in a demo how games using it will generate outstanding realistic graphics in real-time.

Unreal Engine has helped drive game development for more than two decades. Now Epic Games is showing off what the next generation UE5 can do.

Epic Games worked with Warner Bros. and Lana Wachowski to create "The Matrix Awakens," technical demo showcasing Unreal Engine 5.