The source is Stephen Totilo's paywalled report https://www.gamefile.news/p/ubisoft-assassins-creed-mirage-saudi-arabia
The relevant part, recounting Ubisoft CEO's comments made during a recent Riyadh conference, emphasis mine:
On the future of Ubisoft's Far Cry series, which hasn’t had a new installment since 2021’s Far Cry 6 but is one of the three big franchises (along with Assassin’s Creed and Rainbow Six) that will be managed in Ubisoft’s new Tencent-backed spin-off company. The goal, “on Far Cry, it’s really to bring the multiplayer aspects more predominantly pushed, so that it can also be played for a long time by players."