Justin Kroll, writing at Variety:

Lana Wachowski is set to write and direct a fourth film set in the world of “The Matrix,” with Keanu Reeves and Carrie-Anne Moss reprising their roles as Neo and Trinity, respectively.

Warner Bros. Pictures and Village Roadshow Pictures will produce and globally distribute the film. Warner Bros. Picture Group chairman Toby Emmerich made the announcement on Tuesday. […]

In addition to Wachowski, the script was also written by Aleksandar Hemon and David Mitchell. Wachowski is also producing with Grant Hill. Sources say the film is eyed to begin production at the top of 2020.