Remember that valve has just released two new games on their massively updated source 2 engine in CS2 and HL Alex. They’ve moulded Source 2 into a new scalable VR ready engine with industry leading physics and I doubt they’re ready to stop two games in.
It’s an open secret that they’re working on a half life related shooter code named Neon Prime and it looks like Portal three is also being worked on.
https://www.pcgamesn.com/portal/3-valve-new-game-half-life-left-4-dead
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