capital

AR 1.0 is dead: Here’s what it got wrong

The first wave of AR startups offering smart glasses is now over, with a few exceptions. Google acquired North this week for an undisclosed sum. The Canadian company had raised nearly $200 million, but the release of its Focals 2.0 smart glasses has been cancelled, a bittersweet end for its soft landing. Many AR startups before North made huge promises and raised huge amounts of capital before flaring out in a similarly dramatic fashion. The technology was almost there in a lot of cases, but the real issue was that

Focus Home Interactive Acquires The Surge 2 Developer

French indie studio Focus Home Interactive has announced the acquisition of Deck13 Interactive, the studio behind Soulslikes such as Lords of the Fallen and The Surge franchise.Deck13 is the first studio Focus Home has bought, according to a recent financial report. "Focus Home Interactive has acquired 100% of Deck13 Interactive's share capital shares for a total price of €7.1 million [$8 million] (of which €6.5 million [$7.2 million] in cash from the new bank financing and €0.6 million [or $673,000] in shares held in treasury) and a long-term incentive plan

Seven Awesome Facts About Star Wars: Squadrons, Coming October 2 to Xbox One

It’s finally out for the entire galaxy to see – the first look at Star Wars: Squadrons! Don’t wait, watch it now before we get into seven awesome facts about this authentic Star Wars piloting experience: 1. Fight alongside your squadron Star Wars: Squadrons is centered around 5v5 first-person multiplayer space combat. You’ll triumph as a team and plan every skirmish together in the briefing room before taking off for space battles across the galaxy. Compose your squadron with different starfighter classes, unite and take on tactical objectives, and adapt

PS5 Game Development Will Likely Increase Production Costs, PlayStation CEO Says

The PlayStation 5 and Xbox Series X are set to release this year, kicking off the next generation of consoles, and our first look at what the PS5 will be capable of came from a demonstration of Unreal Engine 5. But producing such highly detailed graphics will not come cheap, and could lead to an increase in the development cost of AAA games. Sony Interactive Entertainment president and CEO Jim Ryan has talked to gamesindustry.biz about the cost of creating a game that will look like the Unreal Engine 5

Activision Blizzard Defends Bobby Kotick’s Salary As Shareholder Calls For Changes To His Pay

Activision Blizzard CEO Bobby Kotick is one of the highest-paid executives not only in video games, but across the entire entertainment media industry. He made more than $30 million in 2019. One of the company's shareholders, The CtW Investment Group, is now calling on other stakeholders to vote against a measure that gives the company freedom to pay Kotick high rates. [Update: Activision Blizzard has responded with a statement, which you can see below] In a filing with the United States government, The CtW Investment Groups' director Dieter Waizenegger called

How Artificial Intelligence is changing the gaming industry

Artificial intelligence (AI) in gaming isn’t a recent innovation. As early as 1949, mathematician and cryptographer Claude Shannon pondered a one-player chess game, in which humans would compete against a computer.Indeed, gaming has been a key engine of AI, and a proving ground for the simulations, constructed environments and tests of realism that are the foundation of virtual experiences.AI for the gaming experienceIn 1989’s Sim City, for example, players controlled complex simulations, and rudimentary gaming AI was deployed to simulate something close to realism – i.e. deeply human characteristics like unpredictability.