Others

Niantic lays off 230 employees, cancels NBA and Marvel games

June 29, 2023

Pokémon GO maker Niantic laid off 230 employees today, just one year after it laid off around 90 employees. During last year’s layoffs, Niantic cancelled four projects, including a Transformers game. Some Niantic games will meet the same fate this time around. After four months in the App Store, Niantic is shutting down NBA All-World; […]

Niantic lays off 230 employees, cancels NBA and Marvel games by Amanda Silberling originally published on TechCrunch

Scriptic scores $5.7M as it expands its phone-first generative AI content library

June 29, 2023

Scriptic (previously ElectricNoir), the immersive storytelling platform, announced Thursday that it raised $5.7 million in funding to expand its catalog of phone-first interactive games created using generative AI tools. The studio will also use the funding to build out its team of TV and gaming talent as well as introduce a new initiative — user-generated […]

Scriptic scores $5.7M as it expands its phone-first generative AI content library by Lauren Forristal originally published on TechCrunch

Runway, a startup building generative AI for content creators, raises $141M

June 29, 2023

It’s a big day for generative AI funding. On the heels of Inflection AI landing a $1.3 billion investment, Runway, a startup building generative AI tools for multimedia content creators, today announced a $141 million extension to its Series C round from Google, Nvidia and Salesforce, among others. Building on the Series C the company […]

Runway, a startup building generative AI for content creators, raises $141M by Kyle Wiggers originally published on TechCrunch

3 Restaurant Stocks With a ‘B’ POWR Rating

June 29, 2023
While macroeconomic obstacles have limited the restaurant industry’s performance, technological breakthroughs brighten the industry’s long-term prospects. Therefore, fundamentally strong restaurant stocks Chipotle Mexican Grill (CMG), Domino’s Pizza Group (DPUKY), and…