Peltarion

Activision Blizzard Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 19, 2023
Electronic Games, Technology, eSports, Sports, Entertainment, Online, Mobile Entertainment, General Entertainment, Consumer Electronics, Call, Corporate Affairs, Star, Overwatch League, IV, Table, Neon Nights, Activision Blizzard, Marketing, Workflow, Season, Disclosure, Overwatch 2, Malignancy, Microsoft, GAAP, Activision, PVE, PC, Forecasting, Organization, Arclight, Xbox, Diablo IV, Acquisition, Investment, Transparency report, Maus, King, Growth, AI, Blizzard, Warcraft, Call of Duty: Mobile, Hand, Candy Crush Saga, Social media, Candy, Bank, Video game, Cassette tape, Online shopping, Peltarion, Overwatch

Activision Blizzard generated $590 million in operating cash flow for the quarter as compared with $198 million for the second quarter of 2022.

Key Points: 
  • Activision Blizzard generated $590 million in operating cash flow for the quarter as compared with $198 million for the second quarter of 2022.
  • For the quarter ended June 30, 2023, Activision Blizzard’s net bookingsB were $2.46 billion, as compared with $1.64 billion for the second quarter of 2022.
  • For the quarter ended June 30, 2023, overall Activision Blizzard Monthly Active Users (MAUs)D were 356 million.
  • Activision Blizzard, Inc. (“Activision Blizzard”) discloses information to the public concerning Activision Blizzard, Activision Blizzard’s products, content and services, and other items through a variety of disclosure channels in order to achieve broad, non-exclusionary distribution of information to the public.

Activision Blizzard Announces First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, April 26, 2023
Electronic Games, Technology, eSports, Sports, Entertainment, Online, Mobile Entertainment, Software, Consumer Electronics, Corporate Affairs, Star, CMA, Table, Activision Blizzard, Marketing, Disclosure, Season, Crash Team Rumble, Call of Duty, World of Warcraft, Microsoft, GAAP, Activision, Overwatch League, Diablo Immortal, PC, Xbox, Diablo IV, Acquisition, Investment, Crash, Maus, Growth, Blizzard, Call of Duty: Mobile, United Kingdom competition law, Candy Crush Saga, PlayStation, Social media, Video game, Online shopping, Call, Peltarion, Overwatch, Warcraft, Candy

Activision Blizzard generated $577 million in operating cash flow for the quarter as compared with $642 million for the first quarter of 2022.

Key Points: 
  • Activision Blizzard generated $577 million in operating cash flow for the quarter as compared with $642 million for the first quarter of 2022.
  • For the quarter ended March 31, 2023, overall Activision Blizzard Monthly Active Users (MAUs)D were 368 million.
  • Activision Blizzard, Inc. (“Activision Blizzard”) discloses information to the public concerning Activision Blizzard, Activision Blizzard’s products, content and services, and other items through a variety of disclosure channels in order to achieve broad, non-exclusionary distribution of information to the public.
  • For the latest information from Activision Blizzard, including press releases and the Activision Blizzard blog, please visit: https://www.activisionblizzard.com/newsroom .

eSport and Digital Gaming Platforms Enhance their Offerings with AI

Retrieved on: 
Monday, February 6, 2023
Cloud, EA, Electronic Arts, Command, Frostbite, XDR, NYSE, Acquisition, Peltarion, NLP, Activision Blizzard, Blog, Partnership, ChatGPT, Competition, Internet of things, Reacting games, Mirror, Language, News, ATVI, Entertainment Software Association, NASA, Intelligence, Knowledge, Growth, Machine learning, AI, OTC, Organization, Fortune 500, Artificial intelligence, IBM, ML, Smartphone, Esports, Natural language processing, Algorithm, Singularity, Research, Advertising, Automation, Financial News, USD, Command & Conquer, SentinelOne, Video game, Medical device, Universe, Unikrn, OpenAI, King

NEW YORK, Feb. 6, 2023 /PRNewswire/ -- Artificial intelligence (AI) is projected to be a rapidly growing market over the next 10 years. The growth of AI is largely driven by advancements in technology and the increasing demand for intelligent automation and data-driven decision making in various industries. AI technology is widely used in many groundbreaking applications in industrial, automotive and video gaming. Now, smartphones industry has also started utilizing AI technology, and it goes far beyond applications such as digital assistants. Several mobile manufacturing companies are competing to develop AI features for smartphones according to the needs of the users. Chat Generative Pre-Trained Transformer, commonly called ChatGPT, a chatbot launched by OpenAI in November 2022, quickly garnered attention for its detailed responses and articulate answers across many domains of knowledge. Overall, according to data provided by Grand View Research, the global artificial intelligence market was valued at USD 136.55 Billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030. React Gaming Group Inc. (TSX-V: RGG) (OTC: ITMZF), International Business Machines Corporation (NYSE: IBM), Activision Blizzard, Inc. (NASDAQ: ATVI), SentinelOne, Inc. (NYSE: S), Electronic Arts Inc. (NASDAQ: EA)

Key Points: 
  • AI technology is widely used in many groundbreaking applications in industrial, automotive and video gaming.
  • Now, smartphones industry has also started utilizing AI technology, and it goes far beyond applications such as digital assistants.
  • So far, AI algorithms are being used to analyze player performance, predict match outcomes, and provide insights into player behavior.
  • Another example is the use of AI to enhance the broadcast experience, such as providing in-game statistics, player performance analysis, and personalized highlights.

eSport and Digital Gaming Platforms Enhance their Offerings with AI

Retrieved on: 
Monday, February 6, 2023
Cloud, EA, Electronic Arts, Command, Frostbite, XDR, NYSE, Acquisition, Peltarion, NLP, Activision Blizzard, Blog, Partnership, ChatGPT, Competition, Internet of things, Reacting games, Mirror, Language, News, ATVI, Entertainment Software Association, NASA, Intelligence, Knowledge, Growth, Machine learning, AI, OTC, Organization, Fortune 500, Artificial intelligence, IBM, ML, Smartphone, Esports, Natural language processing, Algorithm, Singularity, Research, Advertising, Automation, Financial News, USD, Command & Conquer, SentinelOne, Video game, Medical device, Universe, Unikrn, OpenAI, King

NEW YORK, Feb. 6, 2023 /PRNewswire/ -- Artificial intelligence (AI) is projected to be a rapidly growing market over the next 10 years. The growth of AI is largely driven by advancements in technology and the increasing demand for intelligent automation and data-driven decision making in various industries. AI technology is widely used in many groundbreaking applications in industrial, automotive and video gaming. Now, smartphones industry has also started utilizing AI technology, and it goes far beyond applications such as digital assistants. Several mobile manufacturing companies are competing to develop AI features for smartphones according to the needs of the users. Chat Generative Pre-Trained Transformer, commonly called ChatGPT, a chatbot launched by OpenAI in November 2022, quickly garnered attention for its detailed responses and articulate answers across many domains of knowledge. Overall, according to data provided by Grand View Research, the global artificial intelligence market was valued at USD 136.55 Billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030. React Gaming Group Inc. (TSX-V: RGG) (OTC: ITMZF), International Business Machines Corporation (NYSE: IBM), Activision Blizzard, Inc. (NASDAQ: ATVI), SentinelOne, Inc. (NYSE: S), Electronic Arts Inc. (NASDAQ: EA)

Key Points: 
  • AI technology is widely used in many groundbreaking applications in industrial, automotive and video gaming.
  • Now, smartphones industry has also started utilizing AI technology, and it goes far beyond applications such as digital assistants.
  • So far, AI algorithms are being used to analyze player performance, predict match outcomes, and provide insights into player behavior.
  • Another example is the use of AI to enhance the broadcast experience, such as providing in-game statistics, player performance analysis, and personalized highlights.

Storytel Group appoints Kristin Widell as Chief People Officer

Retrieved on: 
Tuesday, November 22, 2022
SAAB, The People's Operator, Peltarion, Organization, Kristin, TietoEVRY, Hiq, Audiobook, Mofibo, RBMedia, AI, CPO, Entertainment, Storytel

STOCKHOLM, Nov. 22, 2022 /PRNewswire/ -- Today, Storytel announced the appointment of Kristin Widell as Chief People Officer of the Storytel Group.

Key Points: 
  • STOCKHOLM, Nov. 22, 2022 /PRNewswire/ -- Today, Storytel announced the appointment of Kristin Widell as Chief People Officer of the Storytel Group.
  • In assuming her new role as Chief People Officer (CPO) of the Storytel Group, Kristin will leave the AI software company Peltarion, where she was Director of People Operations and member of the management team.
  • I want to extend my warmest welcome to Kristin on behalf of Storytel," says Johannes Larcher, CEO, Storytel.
  • The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and Audiobooks.com.

Video Game Industry Proves Once Again to be Recession-Proof

Retrieved on: 
Tuesday, June 21, 2022
Cloud, Advertising, PALM, IronSource, Securities Exchange Act of 1934, Google Play, Miles (given name), Industry, ATVI, Data analysis, Security (finance), TSX, Intelligence, Sobeys, GDP, News, Company, U.S. Securities and Exchange Commission, Enthusiast Gaming, Research, Private Securities Litigation Reform Act, Peltarion, Forward-looking statement, FNM, EBITDA, Growth, OTCQB, NOT, Securities Act of 1933, Annual report, The Chosen One, Income, NASDAQ, Machine learning, AIR MILES, Apple, Video, ANY, Acquisition, Atlantic Canada, NEVER, AI, AIR, Activision Blizzard, EGLX, Form 10-K, NYSE, App store, Video game, Financial adviser, King

The video game industry is generally considered "recession-proof" because people spend more time at home during a downturn.

Key Points: 
  • The video game industry is generally considered "recession-proof" because people spend more time at home during a downturn.
  • The company announced that its wholly-owned subsidiary Good Gamer Corp. has launched the Playcash play-to-earn game discovery platform in the Google Play Store.
  • The platform rewards players for downloading and playing games, as well as filling out surveys and watching rewarded video ads.
  • The Company is also the creator and game developer of the Chosen Ones play-to-earn blockchain game.

Video Game Industry Proves Once Again to be Recession-Proof

Retrieved on: 
Tuesday, June 21, 2022
Cloud, Advertising, PALM, IronSource, Securities Exchange Act of 1934, Google Play, Miles (given name), Industry, ATVI, Data analysis, Security (finance), TSX, Intelligence, Sobeys, GDP, News, Company, U.S. Securities and Exchange Commission, Enthusiast Gaming, Research, Private Securities Litigation Reform Act, Peltarion, Forward-looking statement, FNM, EBITDA, Growth, OTCQB, NOT, Securities Act of 1933, Annual report, The Chosen One, Income, NASDAQ, Machine learning, AIR MILES, Apple, Video, ANY, Acquisition, Atlantic Canada, NEVER, AI, AIR, Activision Blizzard, EGLX, Form 10-K, NYSE, App store, Video game, Financial adviser, King

The video game industry is generally considered "recession-proof" because people spend more time at home during a downturn.

Key Points: 
  • The video game industry is generally considered "recession-proof" because people spend more time at home during a downturn.
  • The company announced that its wholly-owned subsidiary Good Gamer Corp. has launched the Playcash play-to-earn game discovery platform in the Google Play Store.
  • The platform rewards players for downloading and playing games, as well as filling out surveys and watching rewarded video ads.
  • The Company is also the creator and game developer of the Chosen Ones play-to-earn blockchain game.

Mobile Game Developer King Acquires Artificial Intelligence Company Peltarion

Retrieved on: 
Monday, June 13, 2022
Electronic Games, Apps, Applications, Technology, Entertainment, Online, Mobile Entertainment, Software, Internet, Artificial Intelligence, Cloud, Tesla, Amazon Appstore, Form 10-K, Annual report, ATVI, Forward-looking statement, AI, Google Play, Acquisition, Organization, Investment, Dell, Machine learning, NASA, App Store (iOS/iPadOS), Activision Blizzard, Technology, Candy Crush Saga, Harvard University, Maus, NASDAQ, Risk, Microsoft Store, Microsoft, User (computing), Video game, Peltarion, Facebook, King

King, a leading interactive entertainment company for the mobile gaming world, announced today the acquisition of artificial intelligence software company Peltarion.

Key Points: 
  • King, a leading interactive entertainment company for the mobile gaming world, announced today the acquisition of artificial intelligence software company Peltarion.
  • Peltarion is a Swedish artificial intelligence (AI) software company and developer of a no-code, machine learning operations platform that empowers users to design, train and manage deep learning models in the Cloud at scale and at speed.
  • Kings acquisition of Peltarion will accelerate the current use of AI and machine learning technology in Kings game platform, a key area of ongoing strategic direction for the company.
  • We are impressed with King for being one of the most successful Swedish tech companies and mobile game developers of modern time.

Peltarion Secures US$ 20M Series A Funding to Advance Humankind Through AI

Retrieved on: 
Thursday, February 14, 2019
Technology, Networks, Software, Other Technology, Professional services, Finance, Articles, Peltarion, EQT Ventures, Artificial intelligence

Peltarion, the world leader in Operational AI, today announced US$20 million series A financing led by Euclidean Capital alongside existing investor FAM and EQT Ventures.

Key Points: 
  • Peltarion, the world leader in Operational AI, today announced US$20 million series A financing led by Euclidean Capital alongside existing investor FAM and EQT Ventures.
  • Peltarions mission is to make AI technology useable and affordable for governments, not-profits and businesses alike.
  • The Peltarion Operational AI platform makes building and deploying AI products and services easier, faster and more affordable.
  • In 2018, Peltarion founded the Swedish AI council, to establishing a continuous dialogue between Industry, Academia, Swedish Government and EU.