Monday, June 17, 2024

Invest a billion dollars in Epic Games to create a metaverse


Epic Games has received a whopping $2 billion in funding from investors. Exactly half comes from the Sony Group, which continues to invest heavily in the software company.

Sony Group Corporation’s latest investment has it all: a billion US dollars will be invested in software company Epic Games. This is to encourage the creation of a metaverse.

Another billion come from KIRKBI. This is the public company behind the LEGO Group, which recently launched a Cooperation with epic games has been received. The world-renowned toymaker wants to work with the software company to build a metaverse where kids can let their creativity run wild.

The relationship in the metaverse area should be deepened

Here is a statement from Sony CEO Kenichiro Yoshida: “We are delighted to invest in Epic to deepen our relationship in the realm of the metaverse, a space where creators and users share their time. We are also confident that the Epic experience , including its powerful game engine, combined with Sony technologies, will accelerate our various efforts, such as the development of new digital fan experiences in esports and our virtual production initiatives.”

Søren Thorup Sørensen, managing director of KIRKBI, also commented on the investment. According to him, part of his investments are focused on trends that could positively influence future life. The investment in question is intended to promote their own participation in the world of digital gaming. This supports the growth of Epic Games “with a long-term focus on the future Metaverse.”

A few words from Tim Sweeney should not be missing. According to the founder and CEO of Epic Games, his company needs strong partners to support his vision of the “future of entertainment.”

Relevant posts on the topic:

“This investment will accelerate our work to build the Metaverse, creating spaces where gamers can have fun with friends, brands create creative and immersive experiences, and creatives build community and thrive,” said the entrepreneur.

According to Epic Games, it is now worth $31.5 billion.

Source: GameSpot

More news about epic games, Sony.

Discuss this news in the PlayStation forum

Links to Amazon, Media Markt, Saturn and some other retailers are usually affiliate links. If you make a purchase, we receive a small commission that we can use to fund the site for free use. You have no disadvantages.

Ebenezer Robbins
Ebenezer Robbins
Introvert. Beer guru. Communicator. Travel fanatic. Web advocate. Certified alcohol geek. Tv buff. Subtly charming internet aficionado.

Share post:


More like this

Green Glamour: How to Achieve Eco-Friendly Acrylic Nails

In the vibrant world of beauty and nail care,...

The Future Of Horse Racing In The Digital Age  

Horse racing, a sport steeped in tradition and history,...

How to Sell CS:GO Skins for Real Money

CS:GO skins have become not just an ordinary design...

Decoding The Diversity: A Guide To Different Types Of Horse Races

Horse racing reaches 585 million households worldwide, enjoying immense...