Today Sony pushed live PS5 System Software / Firmware 24.03-09.20.00.05-00.00.00.0.1 listing PlayStation 5 system software performance and stability 'improvements' among the changes in PS5 update 24.03-09.20.00 detailed in the v9.20 changelog below. 
As always, DON'T UPDATE if you wish to use PS5 Game Backups and PlayStation 5 homebrew apps, emulators, etc whenever a full PS5 Jailbreak Exploit (PS5Jailbreak Status) in the PS5Scene becomes publicly available... or testing PS5 Game Backup File Dumps and PS4 FPKGs on PS5 with PS5 Hacked consoles using the 4.03 PS5HEN PS4 FPKG Enabler, 4.50 PS5HEN PS4 FPKG Enabler or 4.51 PS5HEN PS4 FPKG Enabler payloads or others using the PS5 Kstuff Porting Tool.
Download: PS5 Firmware 9.20.00 Update (US) / PS5 Firmware 9.20.00 Update (EU) / PS5 Firmware 9.20.00 Update (UK) / PS5 Firmware 9.20.00 Update (AU/NZ) / PS5 Firmware 9.20.00 Update (JP) / Disable PS5 Updates ELF Payload Port / Al Azif's PlayStation Blocklist
Here's the PS5 v9.20.00 Firmware Update changelog from Sony's official page: Version: 24.03-09.20.00
As always, DON'T UPDATE if you wish to use PS5 Game Backups and PlayStation 5 homebrew apps, emulators, etc whenever a full PS5 Jailbreak Exploit (PS5Jailbreak Status) in the PS5Scene becomes publicly available... or testing PS5 Game Backup File Dumps and PS4 FPKGs on PS5 with PS5 Hacked consoles using the 4.03 PS5HEN PS4 FPKG Enabler, 4.50 PS5HEN PS4 FPKG Enabler or 4.51 PS5HEN PS4 FPKG Enabler payloads or others using the PS5 Kstuff Porting Tool.Download: PS5 Firmware 9.20.00 Update (US) / PS5 Firmware 9.20.00 Update (EU) / PS5 Firmware 9.20.00 Update (UK) / PS5 Firmware 9.20.00 Update (AU/NZ) / PS5 Firmware 9.20.00 Update (JP) / Disable PS5 Updates ELF Payload Port / Al Azif's PlayStation Blocklist
Here's the PS5 v9.20.00 Firmware Update changelog from Sony's official page: Version: 24.03-09.20.00
- Game Help has been expanded by adding Community Game Help features.
- In Game Help, you will see hints labeled Community Game Help in supported games, which indicates that the hint was generated from other players' gameplay videos.
- You can participate in Community Game Help by allowing your gameplay video to be automatically captured and added to the feature upon review.
To opt in, go to Settings > Captures & Broadcasts > Captures > Auto Captures > Community Game Help, and then select Participate. You can also opt out at any time.
- In Remote Play, if the persistent message "Remote Play connected." is displayed during Remote Play, you can now hide this on your game screen. Go to Settings > System > Remote Play and turn on Hide Remote Play Connection Status.
- We've improved system software performance and stability.
- We've improved the messages and usability on some screens.
