News Desk

LimeWire Teams Up with Polygon Labs for New AI Creator Studio Featuring Music Functions

September 1, 2023

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This initiative comes on the heels of LimeWire's ad-revenue sharing venture, which is powered by the LMWR token. As the company revealed, this program ensures creators are adequately compensated for their content. A previous update from May had LimeWire sharing that they procured a whopping $17.5 million from LMWR token sales across multiple funding rounds. […]

DIGITAL HUMANS

Ready Player Me’s New AI-Based Copilot Set to Revolutionize Avatar Development

August 31, 2023

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Ready Player Me Introduces Copilot for Avatar Integration As reported by VentureBeat, Ready Player Me, a company specializing in cross-platform avatar solutions, has launched Copilot, a tool integrated with OpenAI’s GPT-4 and OpenCopilot. This AI tool is aimed at simplifying the process for developers to incorporate avatars into their applications and games. Copilot benefits from […]

AR/VR/XR

8th Wall Bolsters WebAR Platform with New Generative AI Capabilities

August 31, 2023

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8th Wall, Niantic's subsidiary and a frontrunner in web-based augmented reality (WebAR) solutions, has made waves in the AR development community by unveiling its new GenAI modules. These additions, designed to smoothly integrate Inworld and OpenAI technologies into WebAR projects, enable developers to produce more captivating, responsive, and immersive user experiences. Crucially, these enhancements promise […]

FINANCIALS

NetEase Announces Second Quarter 2023

August 25, 2023

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NetEase, Inc. announced its unaudited financial results for the second quarter ended June 30, 2023. The company reported net revenues of RMB24.0 billion (US$3.3 billion) for the quarter, marking a 3.7% increase from the same period in 2022. Notable financial highlights include: Net revenues from games and related value-added services reached RMB18.8 billion (US$2.6 billion), […]

FINANCIALS

NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

August 24, 2023

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Record revenue of $13.51 billion, up 88% from Q1, up 101% from year ago Record Data Center revenue of $10.32 billion, up 141% from Q1, up 171% from year ago NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 30, 2023, of $13.51 billion, up 101% from a year ago and up […]

GAMES

Epic Game Store launches “Epic First Run” program offering developers 100% revenue for first six months

August 24, 2023

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Epic Game Store launches “Epic First Run” program offering developers 100% revenue for first six months

GAMES

BioWare Announces Layoffs as Studio Adapts for Future Projects

August 23, 2023

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BioWare, an Electronic Arts (EA) studio known for its story-driven single-player games, is undergoing a workforce reduction of 50 employees. In a blog post, BioWare's general manager, Gary McKay, outlined the necessity for this reorganization as the studio reevaluates its development approach. McKay emphasized that this adjustment is crucial to meet the demands of upcoming […]

ACQUISITIONS

OpenAI acquires Global Illumination

August 23, 2023

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OpenAI acquires digital products company Global Illumination for undisclosed price

ACQUISITIONS

Behaviour Interactive Expands with Acquisition of Dutch Developer Codeglue

August 23, 2023

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Leading Canadian Developer Continues Global Expansion as Dutch Studio Marks Third European Investment in Last Six Months

ENTERTAINMENT

Los Angeles Welcomes WORKPRODUCT – A Novel Production Studio

August 23, 2023

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WORKPRODUCT is create a diverse spectrum talent for its boutique VFX and Animation Studio with live-action directors, and sound experts from across the globe.

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