The new technology, to be unveiled on the 20th of February along with the new console, will allow users to play games delivered over the Internet.
The Wall Street Journal said that the streaming service is designed to use current PlayStation 3 titles on the new console.
The technology was acquired after Sony spent $380 Million buying out Gaikai last year. The Company is one of several companies that offer online access to visually intense games, which ordinarily require specialized circuitry found on high-end personal computers and gaming consoles.
The streaming technology is one of the new features and enhancements expected to be offered with the new console, which Sony plans to unveil at an event in New York. Sony's new PlayStation, for example, may control the action with higher fidelity cameras for its "Move" motion-sensing technology and touch-sensing pads on new controllers, according to people who have seen and been briefed on the devices.
The WSJ said that Microsoft, a long time Sony rival that is expected to unveil its own next-generation console this year, has shown similar enhancements to that device, upgrades for the cameras and other components in its "Kinect" motion controller to better identify, track and hear gamers as they play, according to people who have been briefed on the company's prototypes.