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Google's Genie AI tool rattles gaming stocks after world-building reveal

1 min read
Source: The Verge
Google's Genie AI tool rattles gaming stocks after world-building reveal
Photo: The Verge
TL;DR

Google's Project Genie, powered by Genie 3, generates 60-second interactive worlds from prompts; shares in GTA-maker Take-Two, Roblox, and Unity fell after the reveal (Take-Two $220.30, -7.93%; Roblox $65.76, -13.17%; Unity $29.10, -24.22%), as investors weigh AI's impact on game development amid concerns about training data, IP and energy use. Early demos show limited playability and no easy export to engines, fueling industry skepticism.

Topics:technologygaming#ai-artificial-intelligence#gaming#google#project-genie#stock-market
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  1. Video game company stock prices dip after Google introduces an AI world-generation tool  The Verge
  2. Project Genie: Experimenting with infinite, interactive worlds  blog.google
  3. Genie 3  Google DeepMind
  4. Videogame stocks slide on Google's AI model that turns prompts into playable worlds  Reuters
  5. Google’s Project Genie Hammers Gaming Stocks. Unity Software and Roblox Sink.  Barron's

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