Today is the last day of November and as the end of the year festivities appear near the horizon, the artificial intelligence space is still hard at work. In the first news today, Voicemod, a popular AI voice changer app available on PC and Mac, has received a new update that will allow users to create new voices from scratch. In other news, Microsoft President Brad Smith addressed the rumors about OpenAI making a breakthrough toward AGI and said that there is no probability that we will see AGI anytime soon. This and more in today's AI roundup. Let us take a closer look.
Game7 says Asia is a hub for Web3 game development while U.S. dominates funding
13.11.2023 - 17:15 / venturebeat.com
Web3 game community Game7 said in a report that Asia Pacific has become the hub for Web3 game development while the U.S. dominates Web3 game funding.
In its State of Web3 Gaming 2023 report, the company analyzed the rapidly evolving landscape of Web3 gaming, delivering an analysis of key metrics, emerging trends, and insights from the industry.
The report uses primary research methodologies and encapsulates a broad array of data from over 1,900 blockchain games, 1,000 funding rounds, and 170 blockchain ecosystems, painting a vivid picture of the sector’s evolving dynamics.
The findings revealed that the Asia-Pacific (APAC) region leads the way in Web3 game development, with 40% of the game developers situated there. Notably, the United States maintained its momentum, contributing to 30% of the new Web3 gaming teams, while South Korea nearly doubled its contribution to 27%.
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Key markets in the Web3 gaming landscape include South Korea, the United Kingdom, Singapore, Vietnam, and Australia, in addition to the U.S., collectively making significant strides in fostering Web3 gaming innovation. The ecosystem isn’t completely global, but it it is present in much of the world’s game development hubs.
Despite a post-correction slowdown in 2022, the Web3 gaming sector witnessed significant investment surges in 2023, totaling $19 billion in funding since 2018. This year alone, the funding crossed $1.5 billion, with a significant portion, over $800 million, dedicated exclusively to Web3 gaming.
Of this funding, specific gaming genres like sports, MMOs, RPGs, and action games captured substantial investments. Moreover, the report emphasized that the triple-A segment contributes only 6% of the market share, with indie-level and midsize projects accounting for the vast majority.
The report highlighted the evolving landscape of blockchain networks. There has been a significant increase in the announcement of new networks targeting gaming, up by 40% from the previous year.
Network preferences leaned towards Layer 1 and Layer 2 solutions, with Ethereum-based networks and the Polygon ecosystem serving as the preferred destinations. Furthermore, distribution challenges continue to persist, with direct channels and native Web3 platforms often being the primary channels for game dissemination.
Epic Games’ embrace of Web3 games is evident, rising from two listed games to 69, marking an increasing trend in mainstream platform inclusion.
A key revelation from the report was the considerable migration of Web3 games across
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gamesindustry.biz
28.11.2023 / 19:34
East Asia PC and mobile games market expected to hit $30bn in 2023
A new report from Niko Partners projects that the East Asia PC and mobile game markets will hit $29.8 billion in 2023.
gamesindustry.biz
28.11.2023 / 18:17
East Asia PC and mobile games market expected to hit $30m in 2023
A new report from Niko Partners projects that the East Asia PC and mobile game markets will hit $29.8 billion in 2023.
gamesindustry.biz
28.11.2023 / 02:23
UKIE: Video game technology was worth £1.3 billion in 2021 for non-gaming industries
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screenrant.com
27.11.2023 / 14:03
One Of Steam's Most-Wishlisted PC Games Finally Launches Next Week
One of Steam's most wishlisted games of the past few years, , is finally due for release next week. has been in development since at least 2021, but considering the content of its announcement that year, it's probably been in the works much longer. That very first trailer was significant enough to garner tons of hype, winninga spot on many a prospective player's wishlist.
wccftech.com
27.11.2023 / 07:50
AT&T and the U.S. Government Found to be Spying on Millions of Users in America for Years
It appears that AT&T and the U.S. government are both involved in a government surveillance program; based on the information revealed via leaked police documents, a White House Memo, as well as a letter by U.S. Senator Ron Wyden to the Department of Justice, all of these things combined, confirm that millions of Americans are being spied on.
gameranx.com
23.11.2023 / 15:23
Felix The Cat Games For NES/Game Boy Get ESRB Rating
A new rating has emerged for the most unlikely retro video game revival: Felix The Cat.
gamedeveloper.com
21.11.2023 / 21:39
Sony sued for $7.9 billion over UK PlayStation Store pricing
Sony will be going to UK court over allegations of ripping off consumers with its PlayStation Store.
ign.com
20.11.2023 / 17:05
Microsoft Snaps Up Highly Rated Steam City Builder Against the Storm for PC Game Pass
Against the Storm leaves early access next month with a 1.0 update that adds a new game mode, publisher Hooded Horse has announced.
gamesindustry.biz
17.11.2023 / 18:17
Has 2023 been a good year for new games? | This Week in Business
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tech.hindustantimes.com
11.11.2023 / 01:29
It’s Boom Times for Startups Trying to Electrify Aviation
Since the Wright brothers invented the airplane in 1903, one aspect of how we fly hasn't changed. Evolving plane design and improved engines aside, almost all modern aircraft have one thing in common: They're powered by combustible fuels.
tech.hindustantimes.com
10.11.2023 / 14:01
Meta lawsuit claims Mark Zuckerberg ignored internal requests for child safety features
At the end of the last month, more than 30 US States, including California, Massachusetts, Tennesse, and others, filed lawsuits against Meta Platforms over the allegations of using features on its social media platforms to lure children and teens and allegedly get them hooked on harmful content, while not doing enough to ensure their safety. The Massachusetts lawsuit was earlier updated and the submissions were made unredacted, meaning the general public can go through its content. The claims and allegations in the documents paint a grim picture of how Facebook and Instagram were run, and how Mark Zuckerberg reportedly handled situations relating to teens.