There is not much to report on this suffice to say that it looks absolutely stunning! This is a tech demo of their new engine, called Luminous Studio with everything rendered in real time and not pre-rendered. I'll leave the youtube video here but check out the source for some stunning hi res screen shots! Unreal Engine 4 may have to watch its back!
It is reported to be coming out on PC and next gen consoles.
Source: www.agnisphilosophy.com