The Raspberry Pi 400 has been available for some time now. To give you some background, the Raspberry Pi Foundation launched this device, which it called 'a computer in a keyboard,' in late 2020. Since that release, the Foundation has introduced several other products, including the Raspberry Pi 5, which is currently priced at $58.39 on Amazon.
New Developments in the Raspberry Pi Lineup
It's been so long since the Raspberry Pi 400 came out that a DIY enthusiast made their own version during the summer. However, there are indications that the Foundation is working on a direct follow-up named the Raspberry Pi 500 (RPi 500). Reports suggest that the RPi 500 has only been seen in the GitHub repository for the arm64 version of Raspberry Pi OS.
Specifications and Features
Interestingly, it looks like the RPi 500 will use the same Broadcom BCM 2712 chip found in the Raspberry Pi 5. Sadly, many details are still unclear, such as if the RPi 500 will have an exposed PCIe connection. It's likely that the RPi 500 will keep the same I/O and 4 GB RAM configuration as its predecessor, but we will have to wait for more information to confirm this.
Sources: GitHub via Hackaday & Tom's Hardware