The tech was surely locked down long ago if they're close to announcing, but just putting the dream out there that AV2 makes next-gen image compression more practical. AVIF's very effective at maintaining OK quality at low bitrates, but encoding at high quality on CPU (something like the common ~2bpp JPEG) was very slow. I think that slowed down adoption and was one of the reasons JXL still had a niche. Progressive mode would help for images too.
Another great thing JXL has is lossless recompression of .jpg files, which is a smaller improvement than a whole new format, but much easier to deploy. Saving 22% beats saving 0%. Harder, of course, to see how that one would connect to any of AOMedia's other priorities.