The rumor is that PS5 will have a very cheap single model, but that can be upgraded at launch.
This explains the confusion about different performance level, and marketing strategies.
The single model will have a gpu at 7TF, but it can be stacked on top of one other, and linked together with a proprietary hight speed / low latency / coherent port, doubling to 14TF.
It must be noted that in this configuration it will be able to access 16x2 virtual thread, and 12GBx2 of GDDR6.
It's expected a middlegen refresh that will add a third stack on top.