Following the release of Google's Project Genie, the stock prices of several major gaming companies have plummeted

, by Thibaut

Following the release of Google's Project Genie, the stock prices of several major gaming companies have plummeted

Google shook up the video game industry on Friday with the release of the Project Genie prototype, its tool for generating explorable virtual worlds.

This new development has caused real concern among investors, who see it as a serious competitor to established game development platforms. As a result, Take-Two Interactive saw its share price fall by 9%, CD Projekt RED by 8%, Roblox Corporation by 13% and Unity by 22.7%.

Although Project Genie's features are currently limited, the prototype shows real promise in terms of generating interactive worlds. It remains to be seen whether or not this technology will become widely available.

Source: ca.investing.com