Intel's upcoming Xe-HPG family will now be officially called Intel Arc. Intel Arc is a multi-generational product with the first generation DG2 being codenamed Alchemist and slated for a Q1 2022 launch in both desktop and mobile form factors. Successive Arc generations will include Battlemage, Celestial, and Druid. Intel said that Alchemist will offer native support for all DX12 Ultimate features.
https://www.notebookcheck.net/Intel-Xe-HPG-will-be-officially-christened-Intel-Arc-DG2-Arc-codenamed-Alchemist-will-offer-hardware-accelerated-ray-tracing-and-AI-based-super-sampling.555580.0.html