Sony will soon announce a new fast standard prime G Master lens named Sony FE 50mm f/1.4 GM lens. This lens will be announced in next few weeks.
The lens code is “SEL50F14GM” and it will basically be a more compact and more affordable version of the current Sony FE 50mm F1.2 GM lens. Also, it may be sized similarly to the current Sony FE 35mm F1.4 GM lens.