Video Game Company Stocks Dip Following Google's AI World-Generation Tool Announcement
The stock prices of several major video game companies experienced declines on Friday, a day after Google unveiled its Project Genie, an AI tool capable of generating interactive virtual worlds from simple prompts, according to The Verge. Take-Two Interactive, Roblox, and Unity were among the companies that saw their stock values decrease.
Google's Project Genie allows users to create interactive experiences that resemble video games by using AI to generate the worlds, The Verge reported. The tool's announcement raised concerns among investors about the potential disruption to the video game industry.
The news comes as AI continues to make strides in various sectors. In related AI developments, San Francisco-based AI lab Arcee recently released its largest open language model to date, Trinity Large, a 400-billion parameter mixture-of-experts (MoE), VentureBeat reported. Arcee also shipped a "raw" checkpoint model, Trinity-Large-TrueBase, allowing researchers to study a 400B sparse MoE model. Carl Franzen of VentureBeat noted that Arcee made waves last year for being one of the only U.S. companies to train large language models (LLMs) from scratch and release them under open or partially open source licenses.
Meanwhile, a new open-source framework called PageIndex is addressing challenges in retrieval-augmented generation (RAG) by improving the handling of long documents, according to VentureBeat. Ben Dickson of VentureBeat explained that PageIndex abandons the standard "chunk-and-embed" method and treats document retrieval as a navigation problem, achieving a 98.7% accuracy rate on documents where vector search fails.
In other tech news, Nvidia's Shield Android TV, initially released in 2015, continues to receive updates, making it one of the most updated Android devices ever, Ars Technica reported. According to Andrew Bell, Nvidia's senior VP of hardware engineering, supporting the Shield has been a "labor of love" for the company.
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