It is unclear exactly want AMD is going to be talking about, but the press release mentions “AMD's ongoing research,” so it could be a new implementation of AMD's existing FidelityFX Super Resolution (FSR).
All we have is this note about a session AMD will be running.
"In this session AMD will present some of the results of their research in the domain of next-generation image upscaling technology, and how such technology can be applied to games to improve the gaming experience," reads a description of the Next-Generation Image Upscaling for Games session at the GDC 2022 website (kudos to VideoCardz for the tip). The event will take place on Wednesday, March 23, 2022.
For those not in the know AMD's FSR technology is a set of open-source upscaling algorithms designed to deliver improved performance at higher resolutions by upscaling a lower resolution source (e.g., upscaling 2560×1440 to 3840×2160, etc.).
AMD's FSR does not use any AI/DL-based image analysis to improve image quality, which is why the technology works on virtually all GPUs. However while it work's sometimes the rendering quality is rather pants, particularly at higher upscaling factors. This has led it to be outclassed by Nvidia's DLSS offering. If AMD has bought in some AI rendering ability it could be rather good.