Tech
Sony showcase unveils superhero sequels, remakes of classics, and new games
Spiderman 2 headline the 2021 Sony Playstation Showcase, with a host of Superhero games and remakes of fan favourites also being featured
Sony are looking to build upon strong reception and sales of the first Spiderman game, while also hoping the upcoming Spiderman: No Way Home film will boost cross-promotion for the game.
Spiderman 2 developer Insomniac Games also announced a Marvel: Wolverine game, saying that collaborating with Marvel has been a career highlight for those at the studio.
“What’s so exciting is that our collaboration isn’t ending anytime soon, as today we revealed not one—but TWO—new Marvel titles coming from Insomniac Games: Marvel’s Spider-Man 2 and Marvel’s Wolverine.” they said on the playstation blog.
Also featured in the Sony Showcase was a new trailer for Marvel’s Guardian of the Galaxy. The game will release on the 26th of October.
Lucas Arts and Biotech announced a Star Wars: Knights of the Old Republic remake. Well received upon release in 2003, the series has grown a large fanbase. It has spawned sequel series including the MMO Star Wars: The Old Republic.
Sony said in a blog that the game would be a complete rebuild of the original game.
“With Star Wars: Knights of the Old Republic – Remake, our hope is to give both series newcomers and long-term fans an experience that can live alongside the very best modern releases,” Sony said.
“We’re rebuilding it from the ground up with the latest tech to match the groundbreaking standard of innovation established by the original, all while staying true to its revered story.”
Sony featured the highly anticipated God of War: Ragnarok with a trailer. Playstation’s Helmut Hulst said that the series would be the finale in the ‘Norse’ saga in the post show interview, and players would see the prophesied end times of Norse mythology.
Ubisoft showed off their Rainbow Six: Siege spinoff Rainbow Six: Extraction, which has received a lukewarm reception from the Siege fanbase so far.
Along with trailers for Deathloop, Gran Turismo 7, Vampire the Masquerade: Bloodhunt, Borderlands spinoff Tiny Tina’s Wonderland, an Alan Wake remake, Horizon Forbidden West, and an Uncharted 4 remake, Sony announced a host of new games to help alleviate what some fans believe are a lack of exclusives for the Playstation 5.
–By Parker McKenzie
Tech
WiseTech Global to slash 2,000 jobs amid AI transformation
WiseTech Global to reduce workforce by a third amid AI changes, despite 36% drop in net profit.
WiseTech Global to reduce workforce by a third amid AI changes, despite 36% drop in net profit.
WiseTech Global has announced plans to cut around 2,000 jobs, signalling the end of the era of manually writing code. The job losses, representing nearly a third of its workforce, will primarily affect product development and customer service.
The company’s chief executive says these redundancies are part of a broader push towards artificial intelligence-driven operations. WiseTech aims to streamline workflows and embrace automation, even as its net profit fell 36% due to acquisition costs.
Despite these cuts, WiseTech has reaffirmed its revenue and earnings guidance for the year, and its shares jumped 11 per cent following the announcement.
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Tech
Nvidia earnings soar as AI drives 75% revenue growth
Nvidia’s earnings soar as AI-driven data center revenue jumps 75% amidst booming demand
Nvidia’s earnings soar as AI-driven data center revenue jumps 75% amidst booming demand
– Nvidia’s earnings report shows a 75% increase in data centre revenue due to rising AI demand.
– Positive investor response led to a significant rise in shares following the company’s optimistic growth outlook.
Nvidia’s advancements in AI have positioned the company as a leader in the field, particularly in graphics processing units (GPUs) that have become essential for AI applications. The firm continues to innovate, expanding its offerings to meet the increasing demand from both data centers and research institutions.
AI Revenue
The growth in Nvidia’s data centre revenue is attributed to widespread adoption of AI technologies across various industries.
Companies in sectors such as healthcare, automotive, and finance are leveraging AI to enhance their operational efficiency and capabilities.
Nvidia’s success reflects broader trends in the market, highlighting the essential role of AI in driving technological advancements. As the demand for AI solutions escalates, Nvidia is likely to sustain its leadership position, reinforcing its strategy of focusing on AI-driven development and innovation.
Tech
OpenAI moves to replace software giants with AI products
OpenAI targets $280 billion revenue by 2030, prompting market fears despite some executives’ confidence in traditional software.
OpenAI targets $280 billion revenue by 2030, prompting market fears despite some executives’ confidence in traditional software.
OpenAI has revealed plans to replace major software providers with its own AI-driven products, signalling a dramatic shake-up across the tech industry. The company is targeting an eye-watering $30 billion in revenue by 2026 — and a staggering $280 billion by 2030 — underscoring just how aggressive its expansion strategy has become.
The announcement has rattled markets, with Atlantean’s stock sliding sharply amid fears that AI agents could reduce the need for traditional software licences. Investors are now questioning whether established providers can withstand a shift toward automated, AI-powered platforms.
OpenAI is doubling down through partnerships with major consulting firms to embed AI deeper into business operations. Still, some executives insist traditional software won’t disappear overnight — arguing it will evolve rather than collapse in the face of disruption.
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