After split with Xbox, Hitman developer IO will "continue to develop" Project Fantasy independently, but they're closing their Istanbul Studio

Xbox Pulls Out of ‘Project Fantasy’ Video Game From IO Interactive; Hideo Kojima’s ‘OD’ Still in the Works

Microsoft Corp.’s Xbox division has backed out of a deal with IO Interactive to fund and publish a new game, as the company re-evaluates investment decisions. IO Interactive, the maker of “Hitman” and popular new release “007 First Light,” plans to continue to develop the game, which has the code name “Project Fantasy.” However, the []

If Xbox Kills Game Pass, What Will It Have Left?

Collaborations between Xbox Game Pass and outside developers are reportedly going on a “pause” — which could be a serious problem for the future of the Xbox brand. According to reporting from Twisted Voxel, several third-party developers and publishers who had been in active negotiations with Microsoft for Xbox Game Pass deals “got the rug []

James Bond game dev confirms layoffs in wake of Xbox cuts

IO Interactive will close Istanbul studio, says it has regained ownership of Project Fantasy after Xbox left the project, and will continue to make it

Xbox reportedly considering canceling Arkane’s BLADE game

The Microsoft division is reportedly considering laying off or selling developer Arkane Studios, who announced the game in 2023.

Another giant US company is looking to expand into gaming claims report

The company behind Minions and streaming service Peacock is considering a move into the video game business, but are they serious about taking Xbox's place?

"I know how devastating it is, and my heart's with all of you": Doom's John Romero responds to id Software reportedly losing half their team

Xbox aren't closing or selling off Doom developers id Software as part of their latest business teardown, but they are reportedly laying off around half the studio, with swinging cuts aimed at id's legendary technology team in particular. Even as out-going staff fulminate about the situation, studio co-founder John Romero has urged all concerned to preserve code, assets, stories and other historical artefacts that risk being wiped away during the restructure. Read more

Naver Cloud, Mistral AI sign partnership to target manufacturing AI

Naver Cloud, Mistral AI sign partnership to target manufacturing AI

Hitman Studio Still ‘100%’ Committed To New Fantasy Game Despite Layoffs After Xbox Abandons It

Project Fantasy is a new IP the Hitman studio was working on

Bond and Hitman Developer Closing a Studio and Laying Off Staff After Xbox Pulls Funding

Hitman and 007: First Light developer IO Interactive will close one of its studios and lay off an unknown number of staff, after Xbox pulled funding for an upcoming project.

Envirotech Vehicles (NASDAQ: EVTV) Closes Merger with Azio AI Ahead of Schedule, Positioning Combined Company to Capture $487 Billion 2026 AI Infrastructure Opportunity

Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) announced today the successful completion of its merger with Azio AI Corporation (“Azio AI”) on July 2, 2026, paving the way for the company to transform to an AI Datacenter Provider and meeting the growing market demand for artificial intelligence (“AI”) infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; a market that the International Data Corporation (IDC) projects will reach 487 billion in global spending in 2026 and exceed 1 trillion by 2029. The post Envirotech Vehicles (NASDAQ: EVTV) Closes Merger with Azio AI Ahead of Schedule, Positioning Combined Company to Capture 487 Billion 2026 AI Infrastructure Opportunity appeared first on TechRepublic.

The Game Business: Obsidian Entertainment among Xbox studios negotiating to avoid closure [Update 2: Obsidian mention a mistake]

The Outer Worlds and Grounded developer Obsidian Entertainment is among the studios negotiating with Xbox Source

Preview: With ‘Echoes of Aincrad,’ ‘Sword Art Online’ comes to life as a video game

The “Sword Art Online” franchise has come full circle with “Echoes of Aincrad.” Game Studio is working on an action role-playing game that brings the fictional video game at the heart of the series to life. It’s a bit meta, but it’s ...

Super Micro Computer (NASDAQ: SMCI) Forges StorMagic And Odine Deals To Push Deeper Into Global AI Markets

Super Micro Computer (NASDAQ: SMCI) has announced two new strategic partnerships aimed at expanding its footprint across edge computing and sovereign AI infrastructure markets. The first agreement, struck with StorMagic, is designed to deliver virtualized, energy-efficient infrastructure solutions targeting edge computing environments, remote offices, and small data centers. The StorMagic partnership positions SMCI to serve [] The post Super Micro Computer (NASDAQ: SMCI) Forges StorMagic And Odine Deals To Push Deeper Into Global AI Markets appeared first on Foreign Policy Journal.

IO Interactive Is Closing Its Istanbul Studio Following Loss Of Funding

IO Interactive is shutting down its Istanbul studio after losing funding for Project Fantasy, following a problematic partnership with Xbox. They're committed to developing the game independently.

Sony to end video game disc production in January 2028

The gaming giant says the move toward digital-only games aligns the company with consumer trends toward online marketplaces.

Empower AI Expands Federal AI Capabilities With Highlight Technologies Acquisition

The acquisition expands Empower AI’s capabilities in AI, cloud, data management and DevSecOps Highlight Technologies adds digital modernization and AI-driven decision support expertise Highlight’s AIDE platform expands Empower AI’s portfolio of AI accelerators Empower AI has acquired Highlight Technologies to bolster its portfolio of artificial intelligence-driven, cloud-enabled mission systems supporting government customers. Empower AI is a

DOOM’s Co-Creator John Romero Speaks Out on Xbox’s id Software Cuts

Xbox’s recent layoffs and studio shutdowns have been rough over the last few weeks, and DOOM’s studio, id Software, was

Will a DT/TMUS merger really go ahead?

Will a DT/TMUS merger really go ahead?

Kingdom Come: Deliverance board game with all the gritty RPG elements fans love is on the way from the award-winning developers of Codenames and SETI

Kingdom Come: Deliverance board game with all the gritty RPG elements fans love is on the way from the award-winning developers of Codenames and SETI

IBM is teaming up with OpenAI to hunt software vulnerabilities for enterprise clients

The two companies are collaborating to help businesses identify and validate software vulnerabilities using OpenAI's AI capabilities

Fantasy meets reality: Why turmoil at Xbox is impacting IO Interactive and Project Fantasy

Fantasy meets reality: Why turmoil at Xbox is impacting IO Interactive and Project Fantasy

‘MSMEs must break out of the small comfort zone and grow’

They must shift their focus to building larger, purpose-driven enterprises, says Elgi Equipments MD

Xbox Game Pass deals are reportedly drying up, and that’s bad news for indies

Xbox Game Pass has long been a safety net for indie developers, but that may be changing. Industry chatter suggests new deals are on hold as Microsoft reevaluates its gaming strategy.

Brookfield and Bloom Energy Expanded Their AI Power Partnership to $25 Billion. Here's What Investors Need to Know.

Brookfield is quintupling the size of its AI power partnership with Bloom Energy.

With PS3 and Vita digital stores closing, I've unearthed the best physical games to add to your collection before prices balloon

With PS3 and Vita digital stores closing, I've unearthed the best physical games to add to your collection before prices balloon

FPT Expands Strategic Collaboration with Microsoft to Advance AI Frontier Innovation Across Asia

FPT Corporation today announced an expanded strategic collaboration with Microsoft aimed at accelerating enterprise AI adoption and coinnovation across Asia, with a strong focus on ASEAN, Japan, and South Korea. The collaboration brings together Microsoft’s global AI platforms with FPT’s largescale delivery and regional market capabilities to support organizations as they move from AI experimentation [] The post FPT Expands Strategic Collaboration with Microsoft to Advance AI Frontier Innovation Across Asia appeared first on Middle East News 247.