In an interview with G4TV, Ubisoft confirmed that both Beyond Good & Evil 2 and I am Alive were still being developed. the first games was put on hold last year while many had feared production on I am Alive had been shut down.
I am Alive has undergone a complete aesthetic overhaul as a result of a change in graphics engine which will likely have it resemble Splinter Cell: Conviction's look. Exactly when we'll be given new updates isn't clear, but Ubisoft's statement means we're likely to see something later this year, even if I am Alive isn't expected to be released until 2011 at the earliest.