Google's Genie AI tool rattles gaming stocks after world-building reveal
TL;DR Summary
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.
- Video game company stock prices dip after Google introduces an AI world-generation tool The Verge
- Project Genie: Experimenting with infinite, interactive worlds blog.google
- Genie 3 Google DeepMind
- Videogame stocks slide on Google's AI model that turns prompts into playable worlds Reuters
- Google’s Project Genie Hammers Gaming Stocks. Unity Software and Roblox Sink. Barron's
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