Half-Life 3 is currently still in development but only by a team of around ten people. The script, story, and game events are complete.

Is Half-Life 3 now confirmed?

Half-Life 3 from Valve is one of the most anticipated games of all time, and it's currently more possible than ever that it could get made. ... While there has been no official news on a new, main entry Half-Life game, it's more possible than ever it could be developed.

Does Half Life Alyx ending confirm Half-Life 3?

It's not an official "Half-Life 3 confirmed" quite yet, but Valve has made it clear more Half-Life stories are on the way. ... Half-Life: Alyx released for PC on March 23, 2020.