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Amazon’s Alexa Fund Leads $20 Million Investment In Entertainment Firm Superplastic

admin — Mon, 06 Mar 2023 00:08:01 +0000

Amazon’s Alexa Fund leads a $20 million investment in entertainment firm Superplastic. The Alexa Fund is Amazon’s venture capital arm that focuses on new media, smart consumer electronics, ambient intelligence, and other areas of digital technology.

Superplastic is a global entertainment brand that creates and manages a roster of world-famous synthetic artists and influencers. Often seen and experienced through social media and partnerships ranging from Gucci to Fortnite. Paul Budnitz is currently CEO.

Other investors included Craft Ventures, Google Ventures, Galaxy Digital, Kering, Sony Japan, Scribble Ventures, Kakao, Animoca Brands, Day One Ventures, and Betaworks. This latest round brings Superplastic’s total funding to $58 million to date.

Amazon Accepts The Bornless Onto Its Amazon Activate Startup Program and Announces Web3 Plans

admin — Tue, 31 Jan 2023 02:29:53 +0000

Amazon announces plans to make public its NFTs and blockchain gaming initiatives in Q2 of 2023. And web3 game “The Bornless” was accepted onto Amazon’s Activate Startup Program. In April last year, Amazon CEO Andy Jassy reported the company would start selling NFTs. Moreover, the company recently announced a partnership with Ava Labs, the organization behind layer-1 blockchain Avalanche. The partnership’s aim is to accelerate transaction processing times and lower related costs.

Cathedral Studios is developing the upcoming web3 first-person shooter horror-themed game: The Bornless. The game is being created by Cathedral Studio’s founders Toby Saunders (currently CEO) and Jackson Nexhip (currently COO). They started working on The Bornless in July of 2021 and it is currently open for early access via their Discord.

The Bornless is described as an original first-person shooter horror game with both player-versus-player and player-versus-environment modes. During gameplay, players face off against each other in a 2v2v2v2 lobby with the devil, “Orobas”. The goal is to amass a large supply of “incense” and “sacrifice” it while simultaneously hindering the efforts of other players to achieve their own victory.

Ava Labs Founder and CEO Emin Gün Sirer Revealed New Partnership With Amazon Web Services

admin — Fri, 13 Jan 2023 18:54:32 +0000

Cloud-computing platform Amazon Web Services reveals partnership with Ava Labs “to try to bring wider adoption of blockchain technology” by enterprises, institutions and governments. The partnership will apparently make it easier for developers to launch and manage nodes on the Avalanche blockchain, as AWS will support for Avalanche’s infrastructure and decentralized applications (dapps).

Ava Labs also says it is planning to add “subnet” deployment, a network within a network, to the AWS Marketplace, enabling both individuals and institutions to easily launch custom subnets. Although the partnership with Ava Labs is AWS’ first partnership with a blockchain project, several other blockchains, including Ethereum and other smaller ones, already use AWS to power their networks.

Emin Gün Sirer, founder and CEO of Ava Labs, stated:

“It has been a huge boon for both individual and enterprise developers to be able to spin up nodes and test networks on the fly with AWS in whatever legal jurisdiction makes the most sense for them.”

Former Amazon & Fox Executive Sharon Tal Yguado Revealed New Game Development Studio Astrid Entertainment

admin — Wed, 16 Nov 2022 01:24:38 +0000

Former Fox and Amazon executive Sharon Tal Yguado reveals new game development studio Astrid Entertainment. The studio will apparently be remote to start with and is set to reveal its full leadership team in early 2023. The developer is planning to create a multiplayer gaming title. Astrid Entertainment has already raised capital from the likes of NetEase, Stardom Ventures, and Tower 26 Ventures.

The founder, Sharon Tal Yguado, has a wealth of experience in the entertainment industry. She has previously held positions as Head of Genre Programming at Amazon Studios and Head of Fox International Studios at Fox Networks Group.

Astrid Entertainment says it is planning on bringing together “accomplished and noteworthy worldbuilders to craft fantastical living worlds. These worlds will be used to inspire positive, community-focused play. Each of these worlds will hopefully, with time, grow into large universes across different mediums”.

Riot Games And Amazon Web Services (AWS) Start Partnership Together

admin — Tue, 19 Jul 2022 16:40:31 +0000

Riot Games and Amazon Web Services (AWS) just announced a new collaboration. Riot will apparently be the first company to use AWS’ data analytics integration for esports broadcasts on League of Legends, Valorant, and Wild Rift events. As part of the collaboration, Riot is selecting AWS as its official cloud artificial intelligence, cloud machine learning, cloud deep learning, and cloud services provider.

Riot already uses AWS’ services across its games to focus on how it designs and deploys content to help provide the best possible game experience. Now Riot is going to use AWS to enhance its esports broadcasts throughout each competitive season for LoL Esports, the Valorant Champions Tour, and Wild Rift Esports.

The goal is to be able to provide in-depth statistics similar to major sports leagues. The two companies will be introducing ‘Stats powered by AWS’ during esports broadcasts. These relevant statistics will appear before, during, and after Riot’s global esports broadcasts. Ideally including these stats will educate and inform fans about key data points that are pushing teams towards wins.

Tripp Announces How Much They Have Raised

admin — Wed, 08 Jun 2022 01:10:27 +0000

TRIPP, Inc. announced on Twitter that they have raised $11.2 million in funding for their “mindful metaverse”. The funding was raised from BITKRAFT Ventures, Amazon Alexa Fund, Qualcomm, HTC, Niantic, Inc. and Mayfield Fund. This Series A now brings Tripp’s total funding to $26.3 million to date.

TRIPP, Inc. reports that it will use the funding to help meet the growing global demand for mental wellbeing through Tripp’s extended-reality (XR) wellness accessible through augmented reality (AR), virtual reality (VR), and mobile game application.

Tripp also recently acquired Eden, a cross-service worldbuilding platform by video game developer BeardedEye. Eden marks Tripp’s third acquisition since CEO Nanea Reeves co-founded the firm in 2017, and their second acquisition in 2022 alone.

The announcement comes on the heels of Tripp’s newly revamped mobile gaming app and collaboration with Luminance to develop next-generation wellness gaming experiences and non-fungible tokens (NFTs).