Companies were offering a single dollar for Hitman dev IO Interactive when Square Enix was looking to offload it-

It might be strange to recall after Hitman 3’s stonking success, but series developer IO Interactive was in a very precarious situation not so long ago. When 2016’s Hitman failed to please IOI’s owners at Square Enix, the corporation began scrabbling around looking for someone to take the studio of its hands. 

We know how that turned out—thankfully, IOI eventually managed to buy itself out from under Square—but a recent feature in Edge magazine has cast a little light on just how much worse things could have been for Hitman and IOI in general. We’re talking free-to-play Hitman, companies-offering-$1-for-the-whole-studio levels of grim.

“I didn’t even have 90 days into taking over [as CEO],” IOI CEO Hakan Abrak told Edge, “and then I got the call from [Square Enix president] Matusda-san: ‘We have to divest IO’.” It came as a shock, but the nasty arithmetic of it all shook out. “Looking at the books, IO had not made money for almost ten years in a row” by the time Square Enix started looking to divest it, said Abrak, and that fact made acquiring it an unappealing prospect for other potential owners.

“Some companies would offer $1 to take over IO,…

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Intel maintains next-gen Meteor Lake CPUs still ‘on track’ for this year despite $700M losses-

Intel has posted some pretty grim financial numbers, with revenues for its most recent quarter down fully 32% year-on-year leading to a loss of nearly $700 million. And yet, Chipzilla remains bullish about it roadmap and the imminent arrival of its new chiplet-based Meteor Lake chips.

Without getting into the weeds re the numbers, Intel’s sales were down for both PC and server chips. While that nigh-on $700 million loss in Q4 2022 sounds—and is—bad, it hardly spells doom for the company. After all, Intel made nearly $5 billion in profits in the same quarter in 2021, so a single quarter of losses isn’t going to bankrupt the firm.

But it does reflect Intel’s broader struggles with getting its Intel 7 technology (the node formerly known as 10nm) up to speed, and to a lesser extent other disappointments, including its Arc graphics products arriving late and underperforming.

With the broader global economic downturn, however, some tough numbers from Intel are hardly a surprise. Intel is far from alone in the tech sector in suffering a downturn in recent quarters.

Moreover, Intel is predicting another bad quarter for Q1 2023. But what matters, argua…

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Manor Lords seems surprisingly stable for an early access game, and the developer says- ‘99% crashes so far are old drivers’-

The game of the moment? The medieval city builder, Manor Lords, of course. The game burst into early access over the weekend and has so far sold over one million copies on Steam. Moreover, it reached a high point for strategy games at over 170,000 players playing at once. With figures like that, for a game in early access, I’ve come to expect reports of performance issues. Yet there have been surprisingly few. Of those, the developer says, most ending up in a system crash are the result of outdated drivers.

“99% crashes so far are old drivers. And when people say ‘I updated the drivers’, I check logs and see old drivers,” the Manor Lords official account says on X.

All three GPU manufacturers have released driver packages with optimisations for Manor Lords:

  • Nvidia GeForce Game Ready driver version 552.22, available to download since April 16
  • AMD Radeon Adrenalin version 24.4.1, released on April 25
  • Intel Arc driver version 31.0.101.5445, released on April 24

Nvidia, AMD, nor Intel list any specific performance increases in Manor…

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One of the industry’s more skeptical CEOs thinks AI tools will ‘raise the bar’ for videogames-

Over the past few years of listening to gaming executives talk about the industry during earnings reports, I’ve found Take-Two CEO Strauss Zelnick to be one of the more circumspect bosses in the business. He’s been relaxed about the rise of Xbox Game Pass, noting whenever he’s asked about it that subscriptions are still a small part of the business, and he didn’t declare NFTs to be the future of commerce five minutes after finding out about them. It’s a low bar, but it’s mildly refreshing to hear a tech exec respond to buzzwords with something other than a golden retriever’s unconditional enthusiasm. So it went on Monday when Zelnick was asked during an investors call what he thought of advances in AI tech, at least at the start of his response.

“You know I’m the first person to be skeptical of other people’s hype,” said Zelnick. “And I would like to note that AI stands for ‘artificial intelligence’ and there is no such thing as artificial intelligence.”

The CEO thinks some of the hopes and fears AI has inspired are overblown, reasoning, for instance, that the handheld calculator didn’t stop kids from learning math, so writing bots like ChatGPT won’t mean the end of …

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