Hasbro Launches New Entertainment Division Following eOne Sale
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Hasbro Inc. has unveiled a fresh entertainment division, just weeks after the $500 million sale of its eOne television and movie business to Lionsgate.
Qualcomm’s latest Snapdragon announces G Series chips for mobile and cloud gaming
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Qualcomm's latest Snapdragon G Series chips are focused on handheld and mobile gaming and include the Snapdragon G3x Gen 2, Snapdragon G2 Gen 1, and Snapdragon G1 Gen 1.
Irish video game studio Vela Games announces major job cuts
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Irish video game studio Vela Games has announced significant job cuts due to financial underperformance. The Dublin-based company, established in 2017, is believed to have employed around 60 to 65 staff members, with approximately 50 individuals facing layoffs according to the Financial Services Union. The studio released its first multiplayer competitive game, Evercore Heroes, last […]
Arm Holdings Initiates IPO Process on Nasdaq: A Step Towards Chip Shipment Milestone
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Leading microprocessor design company Arm Holdings, a subsidiary of SoftBank Group, has taken a significant step towards its anticipated initial public offering (IPO) by submitting a Form F-1 registration statement to the U.S. Securities and Exchange Commission.
UK Government Commits £100 Million to Advance AI Computer Chip Development
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The UK Government has declared its intention to invest £100 million to accelerate the progress of AI computer chip technology. AI-enabling computer chips, including graphics processing units (GPUs), central processing units (CPUs), field-programmable gate arrays (FPGAs), and application-specific integrated circuits (ASICs), are essential components in driving AI innovations.
Made on Earth Games secures $3.2m in seed funding round
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Made on Earth Games has secured $3.25 million in a seed funding round, a year after the studio's launch.
Microsoft to sell Activision/Blizzard cloud streaming rights to Ubisoft for approval with UK’s CMA
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The unexpected turn of events in Microsoft's pursuit of Activision raises eyebrows and highlights the need for careful negotiation. Following the United Kingdom's Competition and Markets Authority (CMA) decision to block the $69 billion acquisition, Microsoft is taking steps to revise the deal and address regulatory concerns. Under the revised arrangement, Microsoft plans to sell […]
Electric Sheep raises $500k for AI rotoscoping tool
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London-based startup Electric Sheep secured $500,000 (£393k) in an oversubscribed pre-seed funding round for its cloud-native product, Spotlight.
NVIDIA Debuts AI-Enhanced Real-Time Ray Tracing for Games and Apps
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NVIDIA has unveiled several advancements in AI technology for gaming at Gamescom, the world's largest gaming conference: DLSS 3.5 Introduces Ray Reconstruction DLSS 3.5 is an upgrade to NVIDIA's AI neural rendering technology. This version introduces Ray Reconstruction, enhancing ray-traced image quality for GeForce RTX GPUs. It enhances lighting effects for a more immersive gaming […]
Super League Announces Proposed Underwritten Public Offering
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In a strategic move, Prytania Media has announced the establishment of two new gaming studios under its umbrella, marking a significant expansion in their creative endeavors. While the company has previously introduced studios like Possibility Space and Crop Circle Games, tangible output from these entities remains limited. The freshly introduced studios, namely Fang & Claw […]