Saturday, January 4, 2025

Industry insiders hope the success of Black Myth: Wukong, which has earned an estimated $1.1B from ~25M copies sold, will boost Chinese gaming sector investment (Financial Times)

Financial Times:
Industry insiders hope the success of Black Myth: Wukong, which has earned an estimated $1.1B from ~25M copies sold, will boost Chinese gaming sector investment  —  As Beijing eases regulations, developers are tooling up to produce big-budget titles with international appeal



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PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg : PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion ...