'The Division' is an upcoming 2014/15 game from Ubisoft for PS4, Xbox One (I'm not sure if PC is confirmed yet).
Basically it's an open world game where players drop in an out anytime, and can team up and tackle any part of the city in missions - sounds very similar to GTA: Online in fact.
These new pics look incredible and if next-generation looks this good, one can only imagine what R* does with next-gen GTA 6 and even an RDR sequel!
I don't think these are "bullshots" as they usually call them. There's some bland areas, jaggy imperfections and blurry spots, which convinces me this is actually the game and not fake PR renders.