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Investments and transactions

The creators of the AI Dungeon text sandbox, in which AI generates plots, have raised $3.3 million

Latitude Studio has attracted $3.3 million in investments thanks to the success of its AI Dungeon text sandbox. All the plots in the game are generated by artificial intelligence, and its creator is confident that the development of this technology will help reduce the budgets of the development of AAA titles by hundreds of times.The main investor of Latitude was the venture fund NFX.
Analytics

SCMP: Chinese developers are making mobile games based on well-known franchises in order to “capture” the global market

China’s gaming market has overflowed with mobile developers, SCMP believes. Competition in the country has intensified, and Chinese companies have increasingly begun to look towards the West. Titles based on famous franchises like “Harry Potter”, “The Lord of the Rings” and “Game of Thrones” help to achieve popularity among European players.