Sources told the Hollywood Reporter that there was interest in Michael B Jordan, The Wire and Creed actor, starring in the film.
A new version of popular sci-fi film The Matrix is in development.
Zak Penn, the screenwriter and creator of sci-fi series Alphas, is said to be in talks to write an initial treatment.
Warner Bros, who produced the original film, are developing an updated version, according to the Hollywood Reporter.
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