Avatar uses RTGI. HFW is a cross gen games. Death Stranding 2 and Horizon 3 will probably be much better usage of PS5, PS5 Pro hardware and DX12 Ultimate GPU on Decima Engine side
AC Red seems to use virtualized geometry
https://wccftech.com/assassins-creed-red-to-feature-ray-traced-global-illumination-and-virtual-geometry-stealth-to-be-expanded/