For now, it looks like Terminator 7 isn't going to come to fruition. That is, until someone from the future comes back to persuade Paramount and Skydance to revive it, and the cycle starts all over again.

What is Terminator 7 called?

Terminator: Dark Fate. An augmented human and Sarah Connor must stop an advanced liquid Terminator from hunting down a young girl, whose fate is critical to the human race.

Is there going to be a Terminator 8?

Terminator: Dark Fate is a 2019 American science fiction action film directed by Tim Miller and written by David Goyer, Justin Rhodes, and Billy Ray from a story by James Cameron, Charles Eglee, Josh Friedman, Goyer, and Rhodes.