GDC

Eggscape Entertainment Secures $4.25M Investment to Build the Future of Social Gaming for Mixed Reality and Beyond

Retrieved on: 
Thursday, February 1, 2024

"The Eggscape team is helping define the future of social gameplay for mixed reality."

Key Points: 
  • "The Eggscape team is helping define the future of social gameplay for mixed reality."
  • "Eggscape isn't just a single game; we believe that the Eggscape team is helping define the future of social gameplay for mixed reality," said Andrew Sheppard, a partner at Transcend Fund.
  • "The fusion of mixed reality, Pixar quality animation, and social interactions that Eggscape brings to the table create a new gaming experience we have not seen before.
  • With this new investment, Eggscape Entertainment is set to deliver something new to the world of mixed reality gaming.

GDC’s Exploring the Evolution of AI Influencers: From TikTok Storytelling to Instagram Allure

Retrieved on: 
Monday, January 22, 2024

The emerging industry is already estimated to be worth £3.5 billion (approximately US$4.43 billion) and is projected to expand by 26% by 2025.

Key Points: 
  • The emerging industry is already estimated to be worth £3.5 billion (approximately US$4.43 billion) and is projected to expand by 26% by 2025.
  • Currently, GDC has introduced 8 active AI influencer accounts featuring synthetic characters with unique identities and complex personalities on Instagram.
  • All account content is generated entirely by AI tools such as Stable Diffusion, which content creators use to produce hyper-realistic images.
  • We have been focusing on personalized digital content creation to capitalize increasingly on these AI influencers, given their large followings and impressive performance.”

Game Developers Conference’s 2024 State of the Game Industry Survey Shows Developer Concern About Layoffs, Generative AI Usage, Game Engine Pricing Changes and Return to Office Policies

Retrieved on: 
Thursday, January 18, 2024

The analysis of the State of the Games Industry Survey results revealed that developers are concerned about the increasing number of layoffs, the ethical uses of artificial intelligence and changing game engine policies and pricing.

Key Points: 
  • The analysis of the State of the Games Industry Survey results revealed that developers are concerned about the increasing number of layoffs, the ethical uses of artificial intelligence and changing game engine policies and pricing.
  • When asked to explain their reasons for possibly switching game engines, many developers cited Unity’s policies as their main motivator.
  • When it comes to how Generative AI will impact the game industry as a whole, game makers appear to be mixed.
  • Even though many developers seem to be uncertain about the industry impact of Generative AI, they are quite certain about the ethical impact.

The Legend of Zelda, Baldur’s Gate 3 and COCOON Lead Finalists for the 24th Annual Game Developers Choice Awards

Retrieved on: 
Tuesday, January 16, 2024

The finalists for the 24th Annual Game Developers Choice awards, the leading peer-based video game event celebrating the industry’s top games and developers, have been revealed.

Key Points: 
  • The finalists for the 24th Annual Game Developers Choice awards, the leading peer-based video game event celebrating the industry’s top games and developers, have been revealed.
  • The Game Developers Choice Awards are uniquely positioned as the leading video game awards that are nominated by, voted on, and decided by video game developers within the industry.
  • Any video game that was released and made publicly available during the 2023 calendar year is eligible for free nomination for the 2024 Game Developers Choice Awards.
  • As in years past, the Game Developers Choice Awards will be live-streamed alongside the Independent Games Festival Awards on the official GDC Twitch channel .

STT GDC Issues S$450M Sustainability-Linked Perpetual Securities to Drive Sustainability Initiatives and Fuel Global Expansion

Retrieved on: 
Saturday, January 13, 2024

STT GDC sets industry benchmarks in sustainable financing as the first sustainability linked perpetual issuance in Asia.

Key Points: 
  • STT GDC sets industry benchmarks in sustainable financing as the first sustainability linked perpetual issuance in Asia.
  • The framework upholds STT GDC's sustainability commitments with stringent Key Performance Indicators (KPIs) and Sustainability Performance Targets (SPTs), ensuring advancement of mid-to long-term sustainability goals.
  • The SLP is aligned to STT GDC's sustainability strategy, with STT GDC having set a sustainability performance target of increasing the percentage of renewable energy in total electricity consumption to 60% by 2026.
  • This SLP will fuel STT GDC's global growth plans, particularly to strengthen its geographical reach, as well as meet future demands for purpose-built digital infrastructure.

GD Culture Group Unveils its Innovative Marketing Approach, One Story at a Time

Retrieved on: 
Tuesday, December 19, 2023

NEW YORK, Dec. 19, 2023 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a Nevada holding company currently conducting business through its subsidiary, AI Catalysis Corp. (“AI Catalysis”), today unveiled its innovative marketing approach, named One Story at a Time, with a primary focus on enhancing audience experiences on TikTok. The One Story at a Time expects to refine virtual influencers to authentically represent brands and captivate target audiences by shifting them from virtual spokespersons to dynamic storytellers. This strategic evolution marks a significant step in the Company's journey to navigate in the digital influencer landscape.

Key Points: 
  • This strategic evolution marks a significant step in the Company's journey to navigate in the digital influencer landscape.
  • After the November 20, 2023 announcement introducing AI-driven Digital Humans on TikTok, the current fleet of 30 digital avatars has garnered attention.
  • Looking ahead, through strategic partnerships with brands, we aim to amplify the value of our technological assets by transforming our digital human into innovative tools for brand marketing.
  • This strategic move aligns with our mission to realize commercial success and strengthen our position as pioneer in the digital influencer landscape.”

Two New Directors Elected to Board of Directors of Odysight.ai

Retrieved on: 
Monday, December 11, 2023

Odysight.ai's board, management and employees extend their thanks to outgoing directors Mr. Shmuel Donnerstein and Mr. Lior Amit for their invaluable contributions to the Company during their service on the board.

Key Points: 
  • Odysight.ai's board, management and employees extend their thanks to outgoing directors Mr. Shmuel Donnerstein and Mr. Lior Amit for their invaluable contributions to the Company during their service on the board.
  • Mr. Schneider was until recently the President and CEO of Embraer Defense & Security, and is presently a Senior Research Scholar at Columbia University in New York.
  • Prior to that Jackson was a visiting Senior Research Fellow at the Department of War Studies at the King’s College London (Non-Resident).
  • Prof. Benad Goldwasser, Executive Chairman of the Board, said, "We are delighted to welcome Mr. Schneider and Ms. Rubin to our board of directors.

GD Culture Group Enters into Memorandum of Understanding with Pier E Media for Expansion into TikTok Agency Business

Retrieved on: 
Tuesday, November 21, 2023

The collaboration marks GDC's strategic expansion into TikTok agency business, which is critical in boosting the Company’s performance in eCommerce and game live streaming sectors and strengthening its connections with TikTok content creators.

Key Points: 
  • The collaboration marks GDC's strategic expansion into TikTok agency business, which is critical in boosting the Company’s performance in eCommerce and game live streaming sectors and strengthening its connections with TikTok content creators.
  • Pursuant to the MOU, AI Catalysis and Pier E Media shall act as the Movement directors.
  • Additionally, Pier E Media grants the rights to AI Catalysis to utilize its agency license and TikTok accounts.
  • The signing of the MOU is essential to the AI Catalysis’s talent acquisition and business expansion.

HCLTech Expands Footprint in Romania With New Global Delivery Center in Iași

Retrieved on: 
Friday, December 8, 2023

HCLTech , a leading global technology company, announced the launch of its new Global Delivery Center (GDC) in Iași, Romania.

Key Points: 
  • HCLTech , a leading global technology company, announced the launch of its new Global Delivery Center (GDC) in Iași, Romania.
  • (Photo: Business Wire)
    The new state-of-the art center in Iași will provide next-generation digital, engineering, cloud and AI solutions.
  • The center expands HCLTech’s presence in Romania and underscores its commitment to the country as part of its nearshore strategy to serve global clients.
  • HCLTech has completed five years of operations in Romania and employs approximately 1,000 people across Bucharest, Iași, and Brasov.

Paranoia Games Drives to Victory with "Big Mighty Wheels" in AirConsole and BMW Group's Game Developer Competition

Retrieved on: 
Tuesday, December 5, 2023

"Big Mighty Wheels" will be a compelling addition to AirConsole's fast-growing portfolio of games for cars.

Key Points: 
  • "Big Mighty Wheels" will be a compelling addition to AirConsole's fast-growing portfolio of games for cars.
  • Rodrigo Picazo, game developer at Paranoia Games, stated that "AirConsole's controller solution enables a truly unique gaming experience in the car environment and sparked our creativity when developing Big Mighty Wheels.
  • Antti Makkonen, Senior Executive Producer at AirConsole added "The team from Paranoia Games took full advantage of what AirConsole's game controller solution offers when they designed their game.
  • Thanks to the partnership between AirConsole and BMW Group, the game industry has a new venue for gaming.