[gambiting]

PlayStation Now is still a thing, you can subscribe to play lots of PS3 and PS4 games on it, they run on Sony's servers and are streamed to your local device.

[ascagnel_]

Not anymore -- while they still offer that feature, it's downplayed in favor of a Netflix-style rotating library of games that are downloaded and run on local hardware.

[javagram]

PS3 games are still only available through streaming though, and PS Now is also available on PC where cloud streaming is the only option supplied.