Despite leaving Team Ico and Sony, Fumito Ueda, has confirmed that The Last Guardian is still in development and he remains under his creative supervision. Ueda revealed the news via an update to his website, saying that “while it’s been a long time coming, The Last Guardian remains under [his] creative supervision and is still in development by an incredibly talented team.”
Ueda also stated that “The Last Guardians’s release is solely decided by Sony Computer Entertainment, not myself.” And that an official announcement can be expected soon – probably at the PlayStation Meeting next week.