video games

Video game startups could be a bright spot for VC in 2024

Video game startups weren't immune to recent market pressures, but the industry heads into 2024 on better footing than some sectors.

OpenAI’s Sora video-generating model can render video games, too

OpenAI’s new — and first! — video-generating model, Sora, can pull off some genuinely impressive cinematographic feats. But the model’s even more capable than OpenAI initially

After two ambitious years, TikTok parent ByteDance starts mass layoffs in gaming

ByteDance’s gaming ambition has been an expensive, short-lived pursuit. In late 2021, the TikTok parent’s plans for video games came into the spotlight after it became one of the firm&#821

Hollywood strikes could soon extend to the video game industry

SAG-AFTRA members voted overwhelmingly on Monday to authorize a strike against the video game industry. The union — which includes video game performers like voice, motion capture and stunt acto

Auctoria uses generative AI to create video game models

Several years ago, Aleksander Caban, the co-founder of Carbon Studio, a Polish VR game developer, observed a major problem in modern game design. He had to create rocks, hills, paths and other basic e

A merger that’s good for workers and consumers

Thanks to the regulatory process, this deal will significantly enhance competition in the video game industry while securing workers' rights and consumer interests.

Zombie game maker Techland joins Tencent’s global empire in latest acquisition

Tencent, one of the world’s largest gaming companies, is set to gobble up Techland, the Polish game developer known for open-world zombie games like Dying Light, adding yet another member to its

EA to launch single-player Black Panther video game

EA (Electronic Arts) announced Monday that its new studio Cliffhanger Games is developing a third-person, single-player Black Panther game in a joint effort with Marvel Games. Cliffhanger Games claims

Lumari is a new social sandbox game with cute creatures, building capabilities and more

Gaming startup Proxima emerged from stealth earlier this week, announcing its funding round as well as its inaugural game, Lumari, a social sandbox adventure game that appears to be a cross between An

Spiraling costs are killing the mobile gaming space

The moat between new developers and the establishment is prohibitively wide and deep, and it starts with costs.

China’s games industry shrinks for the first time in years

Over the past decade, China’s games industry has seen explosive growth, overtaken the U.S. in market size and given rise to global publishing giants like Tencent and NetEase. The boom is in part

Niantic tries its hand at sports with NBA All-World

Niantic, the company behind the mega-hit Pokémon GO, has reached an inflection point. Whether because of pandemic fatigue or frustration over the limitations of today’s AR tech, the Google-spaw

Scenario lands $6M for its AI platform that generates game art assets

Depending on who you ask, generative AI is either massively overhyped or undervalued. Defined as algorithm-driven tech that creates text, art and other forms of media given a prompt, it’s captur

An ‘ambitious’ new D&D game is on the way from Invoke Studios

There’s a new D&D video game on the way from the Montreal studio formerly known as Tuque Games. Wizards of the Coast, which publishes Dungeons & Dragons, has relaunched the Canadian game

Fandom acquires Metacritic, GameSpot, TV Guide and other entertainment brands in deal worth around $55M

Entertainment platform Fandom announced today its acquisition of seven entertainment and gaming brands from media company Red Ventures, including online publications Comic Vine, Cord Cutters News, Gam

How Blaseball’s fantasy sports fever dream is embracing the future

A star pitcher is resurrected from the Hall of Flame. A Hellmouth swallows the state of Utah. Crows descend on Tastykake Stadium, pecking slugger Jessica Telephone out of a peanut shell. This is Blase

Latitude brings AI-generated artwork to AI Dungeon

AI Dungeon realized the dream many gamers have had since the ’80s: an evolving storyline that players themselves create and direct. Now, it’s going further with a new feature that enables

Nintendo’s Breath of the Wild sequel Tears of the Kingdom comes out next May

Nintendo finally revealed a name and a release date for the sequel to The Legend of Zelda: Breath of the Wild, a game that defined the Nintendo Switch and quickly became one of best-loved, most critic

Roblox will give a handful of game developers $500,000 each to build its future

Roblox is announcing a wave of new funding for developers building the cutting edge of games on the platform. The company introduced the Game Fund, a Roblox-flavored version of a creator fund, last su

A video game industry veteran on making the art behind popular NFTs

Welcome back to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Tuesday episode this week,
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