As usual, Ubisoft announced a new IP to close out their conference, but unusually it wasn't a shooter or action game, but rather an open-world sports game called Steep.
The game seems to be a sports game focused on the mountains of France. Skiing, Snowboarding, Wingsuit gliding, and parasailing all seem to be methods of traversing and competing in this open-world. There seems to be an emphasis on sharing; not only videos and pictures of stunts, but also creating challenges for your friends to compete in.
You can check out the reveal trailer below, featuring all in engine footage.
Below is the gameplay demonstration done at the conference.