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Tag: 2 7b

Gaming Fundraising Plummets to $2.7B from $14B: A Gamer's Insight

Gaming Fundraising Plummets to $2.7B from $14B: A Gamer's Insight

Exploring the Current State and Brighter Future of Gaming Investments The journey of securing funding for gaming companies has morphed into an increasingly intricate endeavor as we venture deeper into 2024 The narrative has taken a twist, revealing a stark contrast from the generous inflows of capital that once buoyed the sector With a substantial decline from $14 billion in the halcyon days of 2021 and 2022 to a mere $2 7 billion in 2023, the question looms: what gives Several culprits are at play here, notably the surge in artificial intelligence (AI) investments captivating the attention of venture capitalists, along with heightened interest rates and deflated valuations painting a cautious investment landscape...

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