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☆ Less bandwidth and variety in new games due to rising development costs: Shawn Layden
▼ + stars: | 2024-10-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLess bandwidth and variety in new games due to rising development costs: Shawn LaydenShawn Layden, Former Chairman at Playstation Worldwide Studios, talks about key challenges in the video game industry, and how that's leading to a lack of variety.

Persons: Shawn Layden Shawn Layden Organizations: Playstation Worldwide

And they are long-shot races, especially during a presidential election, when ticket-splitting isn’t as common as it used to be. In Florida and Texas, Democrats are focusing on state abortion bans to try to push beyond their recent losses in those states. Cruz’s campaign spent almost $5 million on ads in September and $4 million in the first 10 days of October. The spending disparity is less stark in Florida, where in September Mucarsel-Powell’s campaign spent $8.6 million and Scott’s campaign spent $2.1 million. In Maryland, the Senate race features a similar dynamic, with the race rated by Cook as “Likely Democrat,” even though Harris is expected to win there easily.

Persons: Donald Trump, Kamala Harris, Larry Hogan, Colin Allred, GOP Sen, Ted Cruz, Debbie Mucarsel, Powell, Rick Scott, Sen, Andrew Harnik, Allred, Cruz, Scott, “ There’s, they’ve, Scott “, “, ”, ” Cruz, Angela Alsobrooks, Michael Ciesielski, haven’t, Amy Walter, Dan Osborn, Deb Fischer, Cook, Harris, Hogan, Alsobrooks, ” Alsobrooks, ” Sen, Anna Rose Layden, Osborn, ” Osborn, Bernie Sanders ’, Pete Ricketts, Fischer, Derek Oden, Dan Osborn isn’t, Oden Organizations: Senate, Republicans, Gov, Democratic Senatorial, Democratic, GOP, Lone Star State, Sunshine State, Capitol, PAC, state’s Republican Party, Republican, NBC News, Democrats, Texans, Democrat, Maryland Public Television, AP, “, “ Lean Republican, Prince George’s, National Republican, Committee Locations: Florida , Texas , Nebraska, Maryland, Florida, Texas, Nebraska, ” In Texas, Cruz, Cancun, Harris County, America, Owings Mills, Md, Montana and Ohio, Michigan, Arizona, Pennsylvania

☆ Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
▼ + stars: | 2024-10-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

"It also increases the possibility of a no-landing as well, meaning even stronger economic data for 2025 than we currently expect." watch nowBeyond that, it virtually eliminated any chance that the Federal Reserve would be repeating its half percentage point interest rate cut from September anytime soon. But broadly speaking, the news was very good and raised questions over just how aggressive the Fed will need to be. Jones said the Fed will have a dilemma on its hand as it figures out the proper policy response. "In an election year, passions run high and every economic report or event can garner intense reaction.

Persons: Anna Rose Layden, We've, Beth Ann Bovino, Friday's nonfarm, Dow Jones, Bovino, David Royal, Kathy Jones, Charles Schwab, Jones, they're, Elizabeth Renter Organizations: Outfitters, Getty, Federal Reserve, U.S . Bank, Fed, Fed Bank of America, Wall, U.S Locations: Tysons , Virginia, U.S

☆ NFL Power Rankings Week 5: Believing in the Vikings and rookie check-in
▼ + stars: | 2024-10-01 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

In honor of Jayden Daniels’ historic start to his NFL career, the Power Rankings are checking in on rookies this week. Last week: 4Sunday: Beat Green Bay Packers 31-29The Vikings are having the NFL’s most surprising season without much help from their rookie class. Veteran wide receiver Rashee Rice is expected to miss the rest of the season after suffering a knee injury against the Chargers. Second-round wide receiver Ladd McConkey had a career-high 67 yards Sunday and leads the team with 173 receiving yards. Fourth-round tight end Erick All has been a surprise with 12 catches, but third-round wide receiver Jermaine Burton has been a disappointment.

Persons: Jayden Daniels, Daniels, Caleb Williams, they’ve, we’ve, J.J, McCarthy, Sam Darnold, Dallas Turner, Xavier Worthy, Rashee Rice, Worthy, Kingsley Suamataia, Roger Rosengarten, Derrick Henry, Henry, Keon Coleman, it’s, Coleman, James Cook, Terrion Arnold, Ennis Rakestraw, Arnold, Rakestraw, Jared Goff, Patrick Breen, Kamari Lassiter, Nico Collins, Byron Murphy, Geno Smith, Smith, Graham Barton, Bucky Irving, Irving, Mike Evans, Mason McCormick, Troy Fautanu, Zach Frazier, Justin Fields, Dominick Puni, Darren Yamashita, Puni, that’s, Ricky Pearsall, Jim Harbaugh, Joe Alt, Ladd McConkey, Javon Bullard, Bullard, Jordan Morgan, Edgerrin Cooper —, — Luke Musgrave, Tucker Kraft, Jayden Reed, Dontayvion Wicks, Love, mettle, DeMarcus Lawrence, Kneeland, Tyler Guyton, Cooper Beebe, Michael Penix Jr, hasn’t, Kirk Cousins, Ruke Orhorhoro, Brandon Dorlus, Bralen Trice, JD Bertrand, he’s, Taliese Fuaga, Aid McKinstry, Khristian Boyd, Weeks, Laiatu Latu hasn’t, Adonai Mitchell, Joe Flacco, Anthony Richardson, Anthony Richardson's, gam, Ang, e nt, No, Wil l iams: He, lea, dou, Tre, Ben, Lo, Bea, Caro, tigh, carr, rs does, ron, Nix, Eli M ann i, Fran, abou, Dalt, Andy Dalt, ake, Will Levi, Gian, Smit, Garr, Thom, Pede, arn Organizations: NFL, Washington, Green Bay Packers, Vikings, New York Jets, Chiefs, Los Angeles Chargers, Chargers, Veteran, New, New Orleans Saints, Beat Buffalo Bills, Bills, Ravens, 33rd, Cincinnati Bengals, Buffalo Bills, Baltimore Ravens, Buffalo, Houston Texans, Beat Seattle Seahawks, Lions, Ennis, The, USA, Beat Arizona Cardinals, Cleveland Browns, Beat Jacksonville Jaguars, Texans, Jaguars, Seattle Seahawks, Detroit Lions, Seahawks, New York Giants, Beat Philadelphia Eagles, Bucs, Tampa Bay’s, Atlanta Falcons, mojo, Indianapolis Colts, Steelers, South Dakota State, Colts, Dallas Cowboys, 49ers, New England Patriots, Central, Patriots, 33rd Team, Arizona Cardinals, Kansas City Chiefs, Minnesota Vikings, Packers, Los Angeles Rams, Beat New York Giants, Dallas, Pittsburgh Steelers, Beat New Orleans Saints, The Falcons, Tampa Bay Buccaneers, Aid, Beat Pittsburgh Steelers, Jacksonville Jaguars, Cal, Wil, pla, ims, unt, Sund, Jets, erc, ork Jets, acc, ard, lse Locations: Kansas, New Orleans, The Republic, Tampa, Central Missouri, Atlanta, Indianapolis

CNN —A lack of air defenses meant Ukraine was powerless to prevent a Russian airstrike last week that destroyed the biggest power plant in Kyiv region, President Volodomyr Zelensky said. Russia fired 11 missiles towards the Trypilska power plant, Zelensky said. We ran out of all missiles,” Zelensky told PBS NewsHour in an interview that aired Monday. Zelensky questioned why Israel has enjoyed such comprehensive support from NATO members despite not being a member of the alliance. The NATO allies, including NATO countries, have been defending Israel.

Persons: Volodomyr Zelensky, Zelensky, ” Zelensky, Zelenksy, Iran’s, wouldn’t, ”, Israel, Mike Johnson, Johnson, Anna Rose Layden Organizations: CNN, PBS, House Republicans, NATO, Conference, “ Locations: Ukraine, Kyiv, Russia, Ukrainian, United States, Israel, Iran, Jordanian, Taiwan, Washington ,

☆ How Sony's PlayStation has rivaled Microsoft and Nintendo in the console wars
▼ + stars: | 2024-03-09 | by ( Ryan Baker | ) www.cnbc.com time to read: +2 min

It's been three decades since the Sony PlayStation first brought to life some of the video game industry's most beloved franchises. The gaming console expanded into the U.S. a year later in 1995. "We went into markets where video gaming had never really been a thing. Most recently, Microsoft's $69 billion Activision Blizzard acquisition presented a major threat to Sony's long-standing gaming business. Watch the video to learn more about the story of Sony's PlayStation and to hear what is next for the company.

Persons: It's, Jim Ryan, Ryan, Shawn Layden, Layden, Carolina Milanesi Organizations: Sony PlayStation, Sony Interactive Entertainment, PlayStation, Nintendo, Sega, Sony Interactive Entertainment Worldwide, Sony Music, Sony Electronics, Activision Blizzard, Activision, Microsoft, Sony Locations: Japan, U.S, Europe, Italy, Spain

☆ Activist Petrus Advisers has a plan to help lift Criteo’s share price. Here’s how it might unfold
▼ + stars: | 2024-03-09 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Criteo operates across three segments – marketing solutions, retail media, and Iponweb – but generated 83% of its $1.95 billion of revenue in 2023 from the marketing solutions segment. To many in the investor community, this was the death knell for cookies leading to uncertainty for Criteo's largest segment. Additionally, the company's retail media segment is a very appealing and growing business using software as a service for e-commerce companies. Petrus will likely nominate outside directors to the board as they rarely propose Petrus insiders for board seats. If it does not settle, Petrus has shown that they are willing to take a proxy fight to a vote.

Persons: Petrus, Rachel Picard, Megan Clarken, Alphabet's, Criteo, Frank Layden, Petrus —, Neuberger Berman, AllianceBernstein, Evercore, Ken Squire Organizations: Criteo, Petrus Advisers, Nasdaq, Alphabet's Google, TAC, Cadian Capital Management, Bloomberg, Reuters, 13D Locations: France, Europe, Americas, Asia, Pacific

☆ Tucker Carlson's interview with Putin captivated some GOP lawmakers
▼ + stars: | 2024-02-15 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

Tucker Carlson's interview with Vladimir Putin was greeted with some interest on Capitol Hill. "Putin is a studied man of resolute spirit," said GOP Rep. Clay Higgins. AdvertisementWhen former Fox News host Tucker Carlson released his interview with Russian President Vladimir Putin last week, at least a few Republicans on Capitol Hill tuned in with interest. Conservative on one hand, rapidly changing on the other,” said Putin, according to Carlson’s translator. “And we have to be smarter.”AdvertisementAnd Higgins had little time for criticism of Carlson’s interview.

Persons: Tucker Carlson's, Vladimir Putin, JD Vance, Ron Johnson, Putin, Clay Higgins, —, Tucker Carlson, he’s, ”, Higgins, “ Putin, ‘, ’, Troy Nehls, Texas —, Tucker Carlson’s, Nehls, Donald Trump, “, Vlad, Mike Johnson, Sen, Ron Johnson of, Volodymyr Zelenskyy’s, Johnson, Tucker, ” Johnson, Carlson, Ukraine can’t — Putin, He's, Evan Gershkovich, Victoria Spartz, Anna Rose Layden, Ukraine’s, Victor Yanukovich, ” Spartz, Ohio, ” Vance, Abigail Spanberger, Putin spouted, ” “ Organizations: Capitol Hill, Service, Fox News, Republicans, Capitol, Caucus, Business, Milwaukee ”, America’s, Ukraine, Wall Street, Conservative, GOP, NATO, CIA, Victoria, Twitter, Democratic Locations: Clay Higgins of Louisiana, Texas, Chicago, Ukraine, Ron Johnson of Wisconsin, Kyiv, Russian, Colorado, Ukrainian, Eastern Europe, Russia, Victoria Spartz of Indiana, Rus, Kyiv Rus, Moscow, Virginia

☆ Mayorkas Was Impeached. What Happens Next?
▼ + stars: | 2024-02-13 | by ( Aishvarya Kavi | ) www.nytimes.com time to read: 1 min

Once the articles of impeachment are delivered to the Senate, it would schedule a trial or vote to dismiss the charges. Credit... Anna Rose Layden for The New York Times

Persons: Anna Rose Layden Organizations: Senate, The New York

☆ House GOP threatens Harvard with subpoena, considers expanding antisemitism investigation to Cornell and Columbia
▼ + stars: | 2024-01-29 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

A spokesperson for the committee provided CNN a list of the 24 documents Harvard turned over to Congress, noting that all of them were already available publicly. Asked if she has considered adding other schools including Cornell University and Columbia University to the investigation, Foxx said yes. We are quite well aware of Cornell and Columbia,” Foxx said, adding that Columbia President Minouche Shafik was invited to testify but was unable to attend. White-shoe law firm WilmerHale is aiding UPenn in the House investigation, a university spokesperson told CNN. But that had nothing to do with our investigation,” Foxx said.

Persons: Virginia Foxx, Harvard, ” Foxx, Foxx, Jason Newton, “, ” Newton, ” Cornell, Minouche Shafik, WilmerHale, UPenn, Liz Magill, Anna Rose Layden, Derek Penslar, Larry Summers, ”, “ We’re, Penslar “, Gay, Claudine Gay Organizations: New, New York CNN — Rep, House Education, Workforce Committee, Harvard University, CNN, Harvard, Columbia, MIT, University of Pennsylvania, Cornell University, Columbia University, Cornell, Department of Education, House, Rep, U.S, Capitol, American Academy for Jewish Research, National, Gay Locations: New York, Washington , DC, Israel, Penslar

☆ Congressional Leaders Reach Agreement on New Stopgap Spending Bill
▼ + stars: | 2024-01-14 | by ( Siobhan Hughes | ) www.wsj.com time to read: 1 min

Mike Johnson sided with the military hawks and appropriators in his GOP conference. Photo: anna rose layden/ReutersWASHINGTON—Congressional leaders have reached an agreement on a new stopgap spending bill that would extend government funding into March, according to a person familiar with the matter, as House Speaker Mike Johnson (R., La.) sticks to his plan to defy the most brass-knuckled budget hawks in his party in a bid to avoid a government shutdown. The government has been running on short-term spending laws since the start of the fiscal year on Oct. 1, as lawmakers continued to negotiate full-year funding.

Persons: Mike Johnson, anna, layden Organizations: GOP, WASHINGTON, Congressional

(AP) — Trevon Brazile had 19 points and 11 rebounds, Khalif Battle scored 21 off the bench and Arkansas held on to beat No. But then Arkansas went on a quick 7-0 spurt in 59 seconds just before the under-12 media timeout in the second half, prompting a Duke timeout as the Razorbacks’ lead grew to eight. It was down to three with 18 seconds to go, but Arkansas went 4 of 6 at the free-throw line down the stretch to stave off a collapse. Battle scored 15 in the second half. HOT AND NOTArkansas shot 61% from the field in the second half, including 4 of 9 from 3-point range.

Persons: Trevon Brazile, Tramon Mark, Bud, It’s, Eric Musselman, Kyle Filipowski, you’ve, ”, Jon Scheyer, “, you’re, Musselman, Mark, ” Musselman, Arkansas, Duke, Scheyer, Brazile's, Layden Blocker, Layden Blocker . Arkansas, Chandler Lawson, Bud Walton, Nolan Richardson, Scotty Thurman, ___ Organizations: Khalif, Arkansas, Razorbacks, Bud Walton Arena, Blue Devils, ACC, SEC, Devils, Duke, NCAA, NEXT Duke, Atlantic Coast Conference, Georgia Tech . Arkansas, Furman, AP Locations: FAYETTEVILLE, Ark, Bahamas, Arkansas, Layden Blocker .

Here are key things to know about how Rep. Kevin McCarthy was ousted as House speaker:What happened to McCarthy? McCarthy had been House speaker since January, when he won the gavel after 15 rounds of balloting. Many House Republicans who share some of these ideological views, however, continued to support McCarthy. So many Democrats felt like they didn’t owe him anything, even if a future GOP speaker could be more conservative than McCarthy. Only four Republicans can break with the pack in order for a GOP speaker to be seated.

Persons: Kevin McCarthy, Anna Rose Layden, McCarthy, Republicans –, “, Matt Gaetz, Joe Biden, Gaetz, Republicans squirm, Biden, Hakeem Jeffries Organizations: Capitol, Getty Images Washington, Republicans, Florida, Caucus, California Republican, Democratic Locations: Washington , DC, California, New York

The US Supreme Court in Washington, DC, on Friday, June 30, 2023. Anna Rose Layden/Bloomberg/Getty ImagesCNN senior Supreme Court analyst Joan Biskupic says that over the past day, "all of the tensions on so many issues" were on display among the justices. Justice Sonia Sotomayor, sitting right next to him, then drew a contrast in her dissent. And she said, 'At this kind of time, what does the Supreme Court do? On the student loans decision: In a "brisk voice and tone," Chief Justice John Roberts "cut to the chase," according to Biskupic.

Persons: Anna Rose Layden, Joan Biskupic, Biskupic, Neil Gorsuch, Sonia Sotomayor, Sotomayor, Lorie Smith, John Roberts, —, Elena Kagan, Roberts, Kagan Organizations: Bloomberg, Getty, CNN, Civil Locations: Washington ,, Colorado, America

☆ Bidens offer 'joy' at White House Pride event as LGBTQ attacks mount
▼ + stars: | 2023-06-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +4 min

[1/6] A child wears sunglasses depicting the colors of the bisexual pride flag during a Pride Celebration hosted by U.S. President Joe Biden on the South Lawn of the White House, in Washington, U.S., June 10, 2023. REUTERS/Anna Rose LaydenWASHINGTON, June 10 (Reuters) - U.S. President Joe Biden on Saturday hosted the largest Pride celebration in White House history on Saturday, calling for new measures to protect the rights and safety of LGBTQ+ people amid a spate of what he called "terrifying" attacks and legislation. Biden, a Democrat, urged Congress to pass the "Equality Act" which would amend the 1964 Civil Rights Act to include sexual orientation and gender identity for protection alongside race, religion, sex and national origin, and ban assault weapons. "Today, we say loud and clear - that you belong, that you are beautiful, that you are loved," she said. Reporting by Andrea Shalal; additional reporting by Jeff Mason, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Anna Rose Layden WASHINGTON, Biden, picnicked, Pete Buttigieg, Rachel Levine, Jill Biden, Ron DeSantis, Andrea Shalal, Jeff Mason, Deepa Babington Organizations: U.S, White, REUTERS, Saturday, Transportation, Health, Human, Senate, Q, Republican, Biden, Gallup, Thomson Locations: Washington , U.S, Colorado Springs, Orlando , Florida, Florida, statehouses

☆ It’s Been a Warm 2023 for the Eastern U.S.
▼ + stars: | 2023-05-09 | by ( Talal Ansari | Suryatapa Bhattacharya | ) www.wsj.com time to read: 1 min

It was ice cream weather in Washington, D.C., in February. Photo: Anna Rose Layden/Bloomberg NewsThe eastern U.S. had a record warm start to the year, according to a new report from the National Oceanic and Atmospheric Administration. Delaware, Florida, Maryland, New Jersey, North Carolina, Pennsylvania and Virginia all had their warmest January to April on record, data from NOAA’s U.S. climate report show. Other Eastern states—Connecticut, Massachusetts, New Hampshire, New York, Rhode Island, South Carolina and West Virginia—posted their second-warmest period. NOAA and its predecessors have been recording weather data since the 1800s.

☆ U.S. Senator Rubio seeks review of Ford technology deal with China's CATL
▼ + stars: | 2023-02-15 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Anna Rose Layden/Pool via REUTERSWASHINGTON, Feb 14 (Reuters) - Senator Marco Rubio on Tuesday asked the Biden administration to review Ford Motor's (F.N) deal to use technology from Chinese battery company CATL (300750.SZ) as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan. The $430 billion IRA imposes restrictions on battery sourcing and is designed to wean the United States off the Chinese supply chain for electric vehicles (EVs). Treasury declined to comment, but Granholm said on Twitter on Monday that "bringing advanced manufacturing capabilities from overseas to the United States is key to our competitiveness, will stimulate our economy, and create good-paying American jobs." Ford said the plant would create 2,500 jobs and begin producing lower cost and faster recharging lithium-iron-phosphate batteries in 2026. Republican House Majority Leader Steve Scalise tweeted criticism of the Ford deal, while Republican Virginia Governor Glenn Youngkin said last month that his state had withdrawn from the competition to attract the Ford plant over concern's about China's potential involvement.

☆ A subsidy arms race is kicking off between Europe and America
▼ + stars: | 2023-02-10 | by ( Julia Horowitz | ) edition.cnn.com time to read: +10 min

This premium is expected to shrink as clean energy technologies become more advanced and infrastructure to produce them is scaled up. Most of the money the IRA has earmarked for clean energy initiatives comes in the form of tax credits. In the meantime, government officials are lobbying the United States to rethink parts of the IRA. “Europe and other allied countries have nothing to fear from the Inflation Reduction Act and quite a bit to gain,” said Brian Deese, Biden’s top economic adviser. The fight over green subsidies also comes as geopolitical tensions are pushing countries to focus on greater localization of production — not just for green energy, but also for sensitive technologies like computer chips.

☆ Angry senators grill Pentagon officials over Chinese spy balloon response
▼ + stars: | 2023-02-09 | by ( Christina Wilkie | ) www.cnbc.com time to read: +2 min

Rear Admiral Fred Kacher, director for operations of the Joint Staff, during a Senate Appropriations Subcommittee hearing in Washington, DC, US, on Thursday, Feb. 9, 2023. Senator Lisa Murkowski (R-AK) questions witnesses during a Senate Appropriations Defense Subcommittee hearing on Capitol Hill about the suspected Chinese spy balloon that was shot down in Washington, U.S., February 9, 2023. The hearing was part of a series of events Thursday morning in Congress, all related to the spy balloon. In the House, a resolution condemning "the Chinese Communist Party's use of a high-altitude surveillance balloon" passed unanimously, 419-0. That vote took place shortly after House members received a classified briefing about the balloon and the recovery efforts from defense and intelligence officials.

[1/6] German Economy Minister Robert Habeck and French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire hold a joint news conference in Washington, U.S., February 7, 2023. "It's a process, and in a process you go step by step," Le Maire told reporters. After meetings with Yellen, Commerce Secretary Gina Raimondo and White House officials, Habeck and Le Maire emerged with few specifics other than pledges to be clear about their competing green subsidies. Noting the agreement on both sides on the need for transparency on subsidies, Habeck said, "We will (create) a technical group to make this transparency work." But Commerce said she applauded the TTC's work to promote transparency for U.S. and EU semiconductor subsidies and support supply chains.

☆ Congress is poised to ensure that no vice president could unilaterally decide an election 2 years after Trump pressured Pence to reverse his loss
▼ + stars: | 2022-12-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +10 min

After months of debate, lawmakers are poised to pass major changes to the Electoral Count Act. They wanted the vice president to either delay the January 6 joint session of Congress and/or unilaterally find that the certified results of states in disputes were not legitimate. I think Vice President Pence … did exactly the right thing and previous vice presidents have done the same. Trump himself has suggested that by clarifying the Electoral Count Act, senators are implicitly suggesting that Pence could have had this power. In order for pro-Trump lawmakers to throw the election to the vice president, they still needed to file objections to the results.

☆ What Cramer is watching Wednesday — Disney CEO must go, no Red wave, Meta job cuts
▼ + stars: | 2022-11-09 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

We looked how Club stocks did a year after the past five midterms. Affirm (AFRM): Many price target cuts and the stock down 12% in the premarket. Morgan Stanley cuts price target to $11.50 per share from $15; keeps underperform (sell) rating. BofA cuts price target to $61 per share from $73. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Kaedim's founder doesn't play video games — but her startup's use of AI to develop graphics has caught the attention of the former head of PlayStation
▼ + stars: | 2022-11-08 | by ( Jacob E. Robbins | ) www.businessinsider.com time to read: +3 min

"I thought there has to be a secret to doing 3D modeling. She asked game developers how they would approach 3D modeling, thinking they'd have an answer from their experience rendering objects on a screen. It uses machine learning to turn drawings into digital 3D models. Kaedim's plan to take on 3D modeling in the metaverse and digital businessPsoma said that with the rise of the metaverse and digital spaces, the need for 3D modeling has only grown. For example, she said, retailers could use Kaedim's 3D-modeling software to digitize inventory and create online storefronts for customers to interact with.

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