In its Where Gaming Begins Ep. 3 broadcast yesterday the Radeon RX 6700 XT was officially announced, however, AMD confirmed that Resident Evil Village will feature support for Ray Tracing and FidelityFX on PC as well.

While the company did not reveal any additional details but you can see that Capcom will make use of Ray Tracing technology to improve reflections and lighting in its next horror game by way of raytraced reflections. Now being an AMD-sponsored title, we can assume for now it will not be compatible with DLSS 2.0. AMD still has no hardware accelerated answer towards NVIDIA's ML supersampling techniques, which they could have really used in combo to increase RT performance overall.

BTW if you had not noticed it, AMD had a good look at NVIDIA's RTX ON marketing, you can see that AMD is now marketing their solutions as "Raytracing ON". More of the same, really. In the presentation from yesterday just go to minute 9:42 of the video you can see the implementation of this technology in Resident Evil Village.