Raploz
Member

PlayStation 4 Emulator GPCS4 Can Already Boot a Commercial Game
The PlayStation 4 emulator GPCS4 hasn't been in development for long, but it is already making great progress, booting a commercial game

Github: https://github.com/Inori/GPCS4
According Wccftech:
"GPCS4 is now at a stage where it can boot a commercial game, We Are Doomed. While the game is not an exactly demanding title, the fact that it boots and runs is impressive, given the emulator has been in the works for a short amount of time. Sadly, the game is not exactly playable, as it runs at very low FPS, so it will be a while until we will be able to enjoy PlayStation 4 games on PC."
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There's also another PS4 emulator project called Orbital (currently it doesn't run any game):
GitHub - AlexAltea/orbital: Experimental PlayStation 4 emulator.
Experimental PlayStation 4 emulator. Contribute to AlexAltea/orbital development by creating an account on GitHub.
Searching for "PS4 emulator" on Google shows up a "Pcsx4" emu, but it seems to be completely fake.