Max Payne and Quantum Break creator, Remedy is currently working on two separate AAA games, neither of which will be the much-rumoured Alan Wake 2.
In an interview with Polygon, the Finnish developer outlined its two projects. The first is a brand new IP, a AAA game being made with a new partner that isn't Microsoft.
The second is also a AAA project (no mention of this being a new IP was made), but is currently in the concept stage and has no publishing plans at this point. Neither of the new games will be shown at E3 or Gamescom this year.
As for Alan Wake 2, the team is having "casual conversations about a future" for the franchise, but no plans beyond that are specified.