The goal of introducing generative artificial intelligence tools by the two tech firms isn’t to replace humans but to help them.
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Category: Blizzard
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Xbox Boss Phil Spencer Skeptical About Metaverse, Criticizes Play-to-Earn Models
Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when digital gaming was largely introduced. However, Spencer criticized play-to-earn (P2E) models, stating that they create a workforce out of a kind of gamer who needs to monetize the time spent playing. Xbox Boss Phil Spencer […]Powered by WPeMatico
Game Studio Blizzard Is Polling Players About Crypto and NFTs
Blizzard, a game studio and part of the Activision-Blizzard company, has started polling some gamers about the use of NFTs and cryptocurrency elements. The survey, which was only directed to some of its players, raised rumors about the possibility of the company introducing some of these elements into its games. However, Mike Ybarra, head of […]Powered by WPeMatico
Microsoft Acquires Activision Blizzard for Almost $70 Billion
The big news of this week is Microsoft’s acquisition of Activision Blizzard. Microsoft announced today plans to acquire the gaming company Activision Blizzard for $68.7 billion. The recent acquisition will make Microsoft the world’s third-largest gaming company by revenue, following Tencent and Sony. The recent acquisition topples Microsoft’s Bethesda acquisition for over $7.5 billion last year, the company behind the Doom and Fallout franchises. Microsoft is pivoting towards the gaming industry and betting on its future in the coming years. We had seen the Metaverse explode in popularity in Q4 last year, so betting on gaming in the next couple
The post Microsoft Acquires Activision Blizzard for Almost $70 Billion appeared first on The Merkle News.
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Avalanche Foundation Launches $200 Million Blizzard Fund to Entice Innovation on Its Chain
Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, among other participants. Blizzard […]Powered by WPeMatico
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring non-fungible token (NFT) assets to the billion-dollar […]Powered by WPeMatico
Blizzard Bans Hearthstone Player, Blockchain Comes to Rescue
Blizzard softens its harsh punishment on Blitzchung after community outcry, while a blockchain-backed rival attracts top talent to platform
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