While the video says “Available Now”, the expectation is that it will be available during/after the presentation. The Final Fantasy VII Rebirth State of Play will happen on February 6 3:30pm PT / 11:30pm GMT. The ad was likely published earlier by a day, as pointed out by gaming outlet Gematsu.
According to the video, players will be able to play as both Cloud and Sephiroth during the Nibelheim episode. This is a pivotal moment of the story and playable Sephiroth is a novel feature for the remake.
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Final Fantasy VII Rebirth’s full edition will come to PlayStation 5 on February 29, 2024.