Hidetaka Miyazaki, director of Elden Ring, said in an interview with VGC that Demons Souls Remakes success and universal praise of its graphics put extra pressure on his team. This was naturally most felt by the people responsible for Elden Rings graphical fidelity.
Source: N4G PC Miyazaki Reveals That Elden Ring Team Felt Extra Pressure Due To Sucess Of Demons Souls Remake