The SAT, once viewed as a critical step to getting into college, will be shorter and administered online amid a major shift in its format brought on by the pandemic and the test's growing irrelevance. For us, this funding is a testament that the appetite for RTS remains strong in the global gaming community, and we are encouraged to have leading companies like Kakao Gaming believe in what we’re building and supporting our journey." "As you know, creative vision isn’t always a straight line, so the ideas we have today may morph based on what we feel would make for the best player experience. "This funding gives us the runway we need to ship the game we've envisioned," he explains. First and foremost, it will help Frost Giant make the RTS it has always been aiming to create. Speaking to IGN, CEO Tim Morten explained the several ways that influx of money will be put to good use. In total, Frost Giant has raised $34.7 million for its debut project, and the game is now set to be formally announced later this year. It's latest round of funding brought in $25 million from the likes of Korean publisher Kakao Games (PUBG), Riot Games (League of Legends), and more. And through it all, the companies have publicly maintained their commitment to the purchase.įrost Giant Studios, a debut developer formed by ex-Blizzard staff, has raised $25 million to help create a brand new real-time strategy game in Unreal Engine 5.įrost Giant – which was founded by Tim Morten (production director on StarCraft 2) and Tim Campbell (lead campaign designer on WarCraft 3: The Frozen Throne) – was founded in 2020 with the goal of creating an "epic" real-time strategy game. But they don’t expect it to get that far.īoth Nvidia and Arm’s leadership are still pleading their case to regulators, according to the people, and no final decisions have been made. The acquisition also faces resistance in China, where authorities are inclined to block the takeover if it wins approvals elsewhere, according to one person. Federal Trade Commission sued to stop the transaction in December, arguing that Nvidia would become too powerful if it gained control over Arm’s chip designs. The purchase - poised to become the biggest semiconductor deal in history when it was announced in September 2020 - has drawn a fierce backlash from regulators and the chip industry, including Arm’s own customers. SoftBank, meanwhile, is stepping up preparations for an Arm initial public offering as an alternative to the Nvidia takeover, another person said. Nvidia has told partners that it doesn’t expect the transaction to close, according to one person, who asked not to be identified because the discussions are private. after making little to no progress in winning approval for the $40 billion chip deal, according to people familiar with the matter. is quietly preparing to abandon its purchase of Arm Ltd.
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"With sky-rocketing demand and full utilization of existing manufacturing facilities, it's clear the only solution to solve this crisis in the long-term is to rebuild our domestic manufacturing capabilities." "The semiconductor supply chain remains fragile, and it is essential that Congress pass chips funding as soon as possible," Commerce Secretary Gina Raimondo said in a statement. A House Democratic aide confirmed to AFP the chamber's version of the bill is expected to be introduced this week. President Joe Biden wants to invest $52 billion in domestic semiconductor research and production, but while the US Senate has approved a bill to do so, the House of Representatives has yet to act.īoth chambers are narrowly controled by his Democratic Party. The findings from a survey of more than 150 firms last September underscore the precarious situation US companies face amid a global shortage of the crucial computer chips, which has already forced some businesses to slash production and contributed to an ongoing spike in inflation. American companies have an average of less than five days worth of semiconductors on hand, a level leaving them vulnerable to production shutdowns if supply is disrupted, the Commerce Department said Tuesday.
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