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GENERATIVE AI

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

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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. […]
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Ready Player Me – logop
DIGITAL HUMANS

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

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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 […]
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8th Wall
AR/VR/XR

8th Wall Bolsters WebAR Platform with New Generative AI Capabilities

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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 […]
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NetEase Games
FINANCIALS

NetEase Announces Second Quarter 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), […]
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Bioware layoffs
GAMES

BioWare Announces Layoffs as Studio Adapts for Future Projects

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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 […]
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