The Medium has received an update 1.002 on PS5 today by Bloober Team. You can find out the complete patch notes for this update from here.
This update has fixed the ray-tracing issue and improved performance and haptic feedback. The developer shared this information in a tweet, you can see their message below.
The Medium Update 1.002 Patch Notes
Here are the details shared by the developer.
Dear PS5 Players! Patch 1.02 is now online, so keep your games updated! Ray Tracing has returned to dual reality. We also improved the overall performance and haptic feedback of the game. Over the next few days, we’ll be fixing the trophy system!