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02:37

TEVA (Tevaera) surges 152.46% in 24 hours

Gate News message, April 23, according to Gate market data. As of the time of publication, TEVA (Tevaera) is trading at $0.00137. It is up 152.46% over the past 24 hours, with a high of $0.00231 and a low of $0.00055. The 24-hour trading volume is $108.6k. The current market cap is approximately $1.2755 million. Tevaera is a user-experience–centric gaming ecosystem supported by ZK Stack and AI, aiming to create fun and fair gaming experiences. With over one million Soulbound players, Tevaera is leading a community-driven mission to redefine the game world through a variety of Web3 games, innovative game agents powered by Teva Chain, and a powerful gaming technology stack.
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TEVA147,72%
00:52

AI Tools Could Cut Game Development Costs by Half, Adding $22B in Annual Industry Profit: Morgan Stanley

AI could halve development costs and add about $22B yearly in profits; global game spend rises to $275B (2026). Benefits skew to major publishers; smaller studios risk. AAA savings ~15%; staffing may shift without large job cuts. Abstract: Morgan Stanley's analysis suggests AI tools could cut video game development costs by about half and generate roughly $22 billion in additional annual profit, as industry spend rises to about $275 billion by 2026. Gains would be uneven, favoring publishers with strong IP and distribution networks (e.g., Tencent, Sony, Ubisoft) while mid-tier studios could struggle. Estimated cost savings for AAA publishers approach 15%, and staffing may shift toward senior engineers and portfolio leads, without a broad plunge in developer employment.
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20:02

DeepSeek's Valuation Surges Past $20 Billion as Tencent and Alibaba Weigh Investments

DeepSeek seeks >$20B as Tencent/Alibaba discuss investment; Nvidia warns US chip edge could be undermined by Huawei; AI funding continues to surge with Vast Data's $1B round and OpenAI/Anthropic/xAI investments. DeepSeek aims for a valuation above $20 billion amid talks with Tencent and Alibaba, while Nvidia warns that shifting AI models to Huawei chips could erode U.S. lead. The piece also notes a global surge in AI funding, including Vast Data's $1 billion round at a $30 billion valuation and major investments in OpenAI, Anthropic, and xAI.
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