GTA parent Take-Two has ‘no current plans’ for layoffs, CEO says

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The first photos showing off the upcoming Borderlands film have been released.

Embracer CEO Lars Wingefors said that the current reduction in workforce at the company and across the industry is "something that everyone needs to get through," later adding that the group's strategy has been to cut the things that have "the lowest chance of success going forward" and to only keep "the most iconic studios."

As anticipation builds for the release of GTA 6, fans are delving into the realm of speculation fueled by a recently uncovered an AI-linked patent from Take-Two Interactive. The patent, which outlines a method for virtual navigation in a gaming environment, has ignited curiosity within the gaming community, particularly among those eager for more insights into the highly anticipated title.

According to recently revealed sales data from publisher Take-Two, it looks like Sony's PS5 has outsold Microsoft's Xbox Series X|S by a factor of roughly 2:1. Microsoft stopped trumpeting console sales a while back, so getting to a concrete number requires taking a slightly circuitous route.

AI roundup: Countries around the globe are embracing artificial intelligence (AI) technology with gusto to catch up with others. Among the biggest worries is skilling. Now, Google has announced it is investing 25 mn euros in enhancing workers' knowledge about AI in Europe. At the same time, Nvidia CEO Jensen Huang says that countries should be developing their AI infrastructure to ensure strong economic growth. Know what's happening in the world of AI.

Following the company’s fiscal year 2024/2025 earnings report, Take-Two Interactive CEO Strauss Zelnick provided some updates on Grand Theft Auto 6. Currently planned to launch next year, he clarified that it’s unlikely to arrive before April 2025. Considering the massive buzz for the title, with over 174 million views to date, how did Zelnick feel about the trailer leaking beforehand?

Nvidia Corp. Chief Executive Officer Jensen Huang anticipates advances in computing over the next few years will keep the cost of developing artificial intelligence well below the $7 trillion that Sam Altman is said to be fundraising.

A federal court in California is enforcing a subpoena for Elon Musk to testify before the US Securities and Exchange Commission regarding potential violations of federal securities laws in connection with his purchase of Twitter. 

Upon its long-awaited announcement in December, Grand Theft Auto 6 was handed a 2025 launch window, and in its recent quarterly fiscal report, Rockstar Games’ parent company Take-Two Interactive reiterated that window, but when exactly in 2025 will the game be releasing? Judging by Take-Two’s revised bookings forecast for fiscal year 2024/25, the game might not release until at least April 2025.

The anticipation surrounding GTA 6 has ignited a surge in interest for decades-old GTA Trilogy titles on Netflix's gaming platform. Take-Two Interactive CEO, Strauss Zelnik, revealed during a recent earnings call that the "Grand Theft Auto Trilogy" dominated downloads on Netflix Games following the announcement of "GTA 6."

In recent developments, Strauss Zelnick, CEO of Take-Two Interactive, has signalled the company's intention to broaden the presence of Grand Theft Auto (GTA) games on Netflix Games, buoyed by the success of the GTA Trilogy on the platform. Reports indicate a surge of interest in GTA titles on Netflix following rumours last fall of a potential collaboration between the two entities. Ultimately, Netflix confirmed the inclusion of the GTA Trilogy in its gaming service lineup, much to the delight of fans, the performance was seamless, particularly on devices such as the iPhone 13 Pro Max. However, Speculation abounds regarding which GTA instalments may join the Netflix Games roster in future. While conventional wisdom might suggest the inclusion of older titles, such as GTA 4 or GTA 5, recent precedents, such as the successful performance of Resident Evil Village on select tablets, also hint at broader possibilities for the franchise's expansion on the platform.