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Google’s Project Genie AI Tool Triggers Stock Drops and Gaming Industry Concerns

Google’s Project Genie AI Tool Triggers Stock Drops and Gaming Industry Concerns
Google has released Project Genie, an AI tool that creates playable interactive worlds from prompts or images. The experimental service, offered through the AI Ultra plan at a high monthly cost, has prompted users to generate worlds resembling popular titles such as The Legend of Zelda, GTA 5, and Kingdom Hearts. Analysts say the launch has contributed to sharp declines in the stock prices of several game developers and publishers, including CD Projekt Red, Take Two Interactive, and Nintendo. Critics argue that the technology threatens creative integrity, could lead to layoffs, and may strain hardware demand, while gamers express strong opposition to AI‑generated games. Leer más →

Bank of England Warns AI Stock Valuations Mirror Dot‑Com Bubble

Bank of England Warns AI Stock Valuations Mirror Dot‑Com Bubble
The Bank of England has cautioned that AI‑related stock valuations have reached their highest levels since the dot‑com surge of the late 1990s. While current price‑to‑earnings ratios appear less extreme when based on future profit expectations, the central bank notes that increasing concentration within market indices leaves equity markets especially vulnerable if enthusiasm for AI wanes. The BoE draws parallels to the 2000 dot‑com peak, highlighting the rapid rise and steep fall of the Nasdaq during that era and warning that similar dynamics could unfold for AI‑focused equities. Leer más →