Beyond Good & Evil 2 (May 2008) and I Am Alive (July 2008) are still in the works, Ubisoft continues to insist they haven't been canceled. After the publisher noted the (rather costly) "termination of certain projects" in its fiscal year earnings report yesterday, Eurogamer followed up with Ubisoft to find out whether the two aforementioned titles were among the canned games.
"Terminated projects were unannounced projects," a representative told the site, implying that BG&E 2 and I Am Alive are still in production. "We have nothing new to report on those two titles for the moment," the rep added.
We can't say that Ubisoft proper has ever had anything to report on BG&E 2 -- we last heard from creator Michel Ancel in June 2010 that a small team was plugging away on it. As for I Am Alive, it was once set to launch in Ubisoft's fiscal 2011–12 release window (April 2011 – March 2012). So, uh, any day now!