Rumors have been swirling for years that Microsoft has Fable 4 in active development at Playground Games, the studio behind the critically-acclaimed racing franchise Forza Horizon. Fans are still waiting on an official announcement, but a new image making the rounds online has led some to believe that we may have already gotten our first look at Fable 4 and what it will entail in terms of graphics.

The image was pulled from a YouTube video by Quixel, showing off the Megascans Ecosystem tool that's used with Unreal Engine. Its photogrammetry technology is reportedly being used in the development of Playground's RPG, which is rumored to be Fable 4. The video shows an image of a fantasy town that looks similar to the art style of past Fable games, which has led to speculation that it is an image of Fable 4.

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While it's possible that this is an image from Fable 4, the more likely explanation is that it is simply a tech demo of sorts to show off the Megascans technology. Considering this, fans shouldn't put a ton of stock into the idea that this is legitimately Fable 4 or even an actual next-generation video game that is in active development at all. Still, if Fable 4 is using this technology, then the image could provide an idea of what the next game in Microsoft's action-RPG series may look like.

Luckily, fans may not have to wait too much longer to learn more about Fable 4. Other rumors floating around online claim that Microsoft is gearing up for some Xbox Series X game reveals as early as next month, with Fable 4 possibly being one of the games that the company will showcase. Considering this, fans may get a legitimate first-look at Fable 4 sooner rather than later.

Of course, this is assuming that Fable 4 is even in development. Even though leaks from reputable sources have claimed that Playground Games is making Fable 4, it's always possible that these leakers were given incorrect information or that plans changed during development. Considering this, it's possible that Playground Games is working on another Microsoft franchise, or maybe even building a new IP. Ultimately, fans won't know for sure until Microsoft decides to properly reveal the next title from Playground Games.

Fable 4 is rumored to be in development for PC and Xbox Series X.

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Source: Reddit