Ubisoft’s new artificial intelligence toolGhostwriter is designed to help the company’s writers, not put them out of work, one of its creators, Ubisoft research scientist Ben Swanson, tells Axios.
Why it matters: Ghostwriter was one of the highest-profile AI announcements at last week’s Game Developers Conference.
Members of Congressfrom both sides of the aisle are pressing the Biden administration to take action on PlayStation-Xbox console competition in Japan.
Driving the news: Policymakers raised concerns last week to Biden officials, saying Sony’s business practices in its native Japan are blocking U.S. companies from competing in that country’s gaming market and could be running afoul of U.S.-Japan trade deals.
The website for Grid News, the D.C.-based digital news startup that sold last week to Jimmy Finkelstein's new media startup The Messenger, will shut down Monday afternoon, two sources told Axios.
Why it matters: While The Messenger is still evaluating what to do with Grid's products, it's likely that Grid's branding will not live on, a source told Axios.
Monarch Collective, a new investment firm focused on women's professional sports, has raised $100 million for its debut fund.
Why it matters: Monarch is seeking to fund what it views as the next big wave in pro sports, including investments in teams, leagues and adjacencies (e.g., media platforms, products, gaming).
Elliott Management has withdrawn its director slate for Salesforce, the two companies announced Monday.
Why it matters: The pair won't square off at Salesforce's annual meeting, in what could have been the first major activist shareholder challenge to Salesforce co-founder and CEO Marc Benioff.
Social media companies are increasingly being blamed for historically high rates of depression, suicidality and other mental health issues in youths. And now, states and local governments are increasingly pursuing legislation and legal action.
The first business ChatGPT will upend is likely to be the industry that created it.
Why it matters: Making software has never been easy. But programming practitioners and experts are increasingly confident that generative AI will change their world — supercharging the work of the best coders and empowering everyday users to get more done.
The standoff between the U.S. government and TikTok underscores a growing problem for policymakers: Chinese apps are booming in America, but most U.S. apps aren't able to operate in China.
Why it matters: Mobile apps are one of the most powerful vectors for expanding trade and exporting soft power, given how widely accessible they are, how much time is spent on them, and how little regulatory oversight there is online.
