Unreal Engine 4.23 was released today. A few of the new features are listed as follows:
- Unreal Engine's new physics and destruction system called Chaos (Beta)
- Virtual texturing, which is a new way to handle very large textures (Beta)
- Unreal Insights, a new unified profiling experience (Beta)
- HoloLens 2 native support (Beta)
- Ray tracing improvements
- Niagara improvements
- Virtual production improvements
The full release notes are listed HERE.
The Chaos destruction system was previewed back in March at GDC in the video below: