Tencent has shown strong financial performance and business growth in 2024, and will continue to focus on the evergreen strategy of AI and gaming in the future.
The DoD has teamed up with Scale AI to launch Thunderforge, an AI-powered battlefield simulator to boost its "Agentic Warfare" capabilities.
GME. N CEO Ryan Cohen increased his stake in Alibaba to $1 billion.
GOAT Gaming, an AI gaming network on Telegram, announced the completion of a $4 million strategic financing round led by TON Ventures, Karatage, Amber Group, and Bitscale Capital, bringing the total funding raised by Mighty Bear Games, the game studio behind the game, to $15 million.
Ronin, the gaming blockchain, said in a post on social media that it has launched a $10 million ecosystem grant fund to support developers and teams on Ronin. Single grants range from 20,000 to $300,000.
Beam Foundation has announced the launch of its first gaming-focused venture fund in Abu Dhabi, Beam Ventures, with a $150 million fund designed to accelerate the development of promising founders' projects and promote Abu Dhabi as a global gaming hub. The fund plans to attract top talent through its accelerator program, support early-stage Web3 gaming and AI startups, and help Abu Dhabi build a thriving gaming ecosystem.
On November 23rd, blockchain-based iGaming platform BoxBet completed a funding round led by CMCC Global, a $500 million venture capital firm backed by the Winklevoss twins and Richard Li's Pacific Century Development Group, which has previously funded key blockchain projects including Solana. BoxBet intends to use the new funds to expand its presence in regulated markets by obtaining licenses and expanding operations.
Blockchain iGaming platform BoxBet has completed a new round of financing, led by CMCC Global. It is reported that the investment institution is backed by Richard Li's Pacific Century Development Group and cryptocurrency exchange Gemini Lianchuang Winklevoss brothers. The new funds are intended to be used to recruit talent in the technology field to expand its team.
iGaming platform Betski announced the completion of the $345,000 Pre-Seed round of financing. It is reported that this round of financing was completed by a combination of 2% equity and 2.25% token supply. Early backers and global participants from Panama, but the specific investor information has not been disclosed yet. The new funds are intended to support the platform to expand its marketing strategy, enhance its product offering and rapidly scale up.
France's National Gaming Authority (ANJ) is reviewing the operations of cryptocurrency-based prediction market platform Polymarket to determine whether it complies with local rules following a surge in user requests during the US Presidential Election. "We are aware of the site and are currently checking its operations and whether it complies with French gambling regulations," an ANJ spokesperson said on Thursday. According to crypto news outlet The Big Whale late Wednesday, A...