Playstack sold, Xbox announces business 'reset,' and is generative AI poisoning the well? - Patch Notes #56
Playstack has been sold to Integrated Media Company, with TruFin divesting its majority stake. Xbox announced a business 'reset' involving potential layoffs and studio closures, as confirmed by leaders Asha Sharma and Matt Booty. Concerns are also rising about generative AI's impact on the industry, with Take-Two's former head of AI, Luke Dicken, expressing worries about the current hype cycle.
Gamedeveloper.com
- Entities
- 07 First Light
- PLAION
- TruFin
- Playstack
- Business Strategy
- Take-Two Interactive
- Layoffs
- Xbox
- Matt Booty
- Amazon Games
- Mergers and Acquisitions
- Studio Closures
- Clockwork Revolution
- Luke Dicken
- Embracer Group
- Integrated Media Company
Original source
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