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AI & Enterprise

Google world model 'Project Genie' announcement sends game stocks sliding

Google's announcement of 'Project Genie', an AI model that generates 3D virtual environments, has rattled the game industry. Gigazine reported on Jan. 31 that shares of game companies including Take-Two, Roblox and Unity fell as much as 21 percent after the announcement, citing Reuters. The web app combines 'Nano Banana Pro' and 'Gemini 3', but has limits in accurately reproducing reality and in interaction within generated spaces.

AI & Enterprise

Nvidia and OpenAI struggle to flesh out $100 billion mega partnership

Nvidia’s plan to invest up to $100 billion in OpenAI has hit a snag after questions were raised inside Nvidia, the Wall Street Journal reported, citing sources. The companies signed a sweeping memorandum of understanding in September for Nvidia to build at least 10 gigawatts of computing power for OpenAI. OpenAI planned to lease AI chips, but negotiations have not progressed beyond the early stage, the report said.

Industry

SpaceX and Tesla: Elon Musk's broader Mars plan 'Musknomics'

SpaceX is preparing an IPO valued at $1.5 trillion and is working with major Wall Street banks, TechCrunch reported. The move is seen as a potential catalyst for a depressed IPO market since 2021, while secondary trading remains active. Greg Martin of Rainmaker Securities said companies like SpaceX provide liquidity through pre-IPO secondary markets. Separately, a SpaceX-Tesla merger faces complexity despite past cooperation and possible links in AI, robotics and solar plans, as Musk pursues a long-term vision that includes a Mars colony.