Gaming stocks slide after Google launches 'Project Genie'
ReutersJan 30, 2026 5:10 PM
Shares of U.S. gaming stocks slide after Alphabet's GOOGL.O Google launches Project Genie
Shares of Unity Software U.N plunge 18.4%, Roblox RBLX.N falls 10.8% and Take-Two Interactive Software TTWO.O fell 9.6%
Project Genie is an experimental Google Labs' web prototype that lets people create, explore and remix interactive "worlds" generated by AI "world model"
"A world model simulates the dynamics of an environment, predicting how they evolve and how actions affect them," Google says
In 2025, U nearly doubled, RBLX rose 40%, while TTWO rose 39%
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