PS5 Firmware Update 21.01-03.00.00.38 Is Available to Download Now Share: The latest PlayStation 5 firmware update is now available to download and install on your console. System software version 21.01-03.00.00.38 is ready to roll, and it's the biggest update to PS5 yet. Sony announced yesterday that this firmware update was coming, and it's packed with quality of life changes that will make some things a little easier. Here are the major changes and improvements introduced with this update: You'll be able to store PS5 games on external USB drives Share Play support between PS4 and PS5 consoles Request to join Game Sessions