Investment

Tim Sweeney Says ‘Serious Discussions’ About Sony Investment Only Took Place After the UE5 Demo

Yesterday’s announcement of a $250 million Sony investment in Epic Games raised some questions about the recent praises of the PlayStation 5 console made by Tim Sweeney and other Epic Games executives. As you might recall, Epic Games unveiled its Unreal Engine 5 with a stunning demo that ran in real time on the PlayStation …

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Star Citizen Studio Secures Even More Investment from Existing Shareholders

Star Citizen studio Cloud Imperium Games announced an additional $17.25 million investment from existing shareholders, as outlined below. Cloud Imperium announced that existing investors – the Calder Family Office, Snoot Entertainment, and ITG Investment – have exercised a one-time option to purchase further shares in the company. The share prices reflect a discounted option price …

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Research Suggests 73% of Games Industry Decision Makers Are Expanding Investment in AI

Virtuos, the Singaporean game developer and content production company, may not be exceedingly known to the public of gamers. Despite that, they’ve actually helped develop several of the best games released in recent years, including but not limited to The Last of Us, XCOM: Enemy Unknown, Injustice: Gods Among Us, L.A. Noire, Battlefield V, Shadow …

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