GTA Online update adds major graphics feature to PS5 and Xbox Series X

techradar.com:

The December update for GTA Online will add ray tracing on Xbox Series X and PS5, as well as other quality-of-life improvements to the long-running multiplayer mode. 

More specifically, the GTA Online Winter Update 2022, which is slated to go live later this month according to the Rockstar Newswire post(opens in new tab), is adding ray-traced reflections which will be available from the Fidelity Mode graphics setting on both the PS5 and Xbox Series X. This means that your custom cars and motorcycles will look even more impressive cutting through the streets of Los Santos. 

Ray-tracing has been available on both the Xbox Series X and PS5 versions of GTA 5 since the next-gen version of the legacy game launched back in March. This is arguably one of the bigger improvements made to the title, dubbed the 'Expanded and Enhanced edition' as it was previously available on the two prior Xbox and PlayStation platforms before it. 

The key difference to this update of the game, as opposed to previous versions, is that before it only provided ray-traced shadows and ambient occlusion. Now, you're getting full-on reflections, which is much more in line with what we expect of ray tracing in games. 

The Fidelity graphics options in GTA Online, regardless of platform, runs at 30 FPS in native 4K resolution, so you're getting the prettiest-looking experience at the expense of a capped frame rate. Considering the multiplayer is incredibly fast-paced, we aren't sure how many users will forgo the smoother 60 FPS for enhanced reflections in the open-world carnage, but the option is definitely appreciated all the same. 

The GTA Online December 2022 Update 1.64 will also add improvements to vehicles and economy features. For example, cars will now