Irrational Games has just announced the third game in the popular BioShock series: BioShock Infinite. The franchise goes back in time and up in the skies, breaking with the first two titles by setting the game in a sort of American Cloud City in 1912. The game is currently slated to be released a century after the fictional events of the game, in 2012. For more information, read IGN’s take on the announcement event.

Check out the trailer after the jump.