During State of Unreal 2022 by Epic Games, the presentation showcased how the next Unreal Engine 5 will work.
There is no further information in regards Tomb Raider. All we know so far is that the game is in the works and is powered by the next Unreal Engine, the latest iteration of Epic Games’ engine which has promised to provide some truly next-gen visuals.
Currently, Crystal Dynamics is activity working Perfect Dark reboot. Most likely Tomb Raider will be put onto a back burner.