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 […]
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.
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 […]
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 […]
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 […]