Month: March 2024

Enlarge / A Cold War-era arcade cabinet that serves as an example of what happened the last time Russia was forced to create a home-grown video game market. (credit: Arcade Blogger)

It's been over two years since major players in the international game industry united to largely cut off the Russian market in response to a request from a beleaguered Ukraine. The relative isolation has apparently forced Vladimir Putin's government to contemplate the kind of homegrown gaming hardware and software that characterized Cold War gaming behind the Iron Curtain.

PC Gamer brings word of a series of recently approved Russian economic orders from the Kremlin. Amid talk of airport and museum funding, ocean shipping, and road construction is the somewhat bewildering instruction for the government to (machine translation):

consider the issue of organizing the production of stationary and portable game consoles and game consoles, as well as the creation of an operating system and a cloud system for delivering games and programs to users

Oh, is that all?

Enlarge / Edmunds surveyed 300 car buyers who were considering a new EV in January 2024. (credit: Getty Images)

There is a significant mismatch between the people who want to buy electric vehicles and the people who want to sell them. That's according to data from a new survey by Edmunds, which polled people shopping for new cars in January. These prospective buyers want affordable sedans and SUVs, segments of the market that are being ignored by automakers. Instead, they're being offered expensive EVs, including plenty of trucks, for which there is little demand.

Almost half (47 percent) of the 300 people surveyed said they want to spend less than $40,000 on a new EV. And just over 1 in 5 (22 percent) said that they don't want to pay more than $30,000. But currently, no new EV is on sale below this price, and only a handful of EVs (Mini Cooper SE, Fiat 500e, Hyundai Kona Electric, Nissan Leaf, and Tesla Model 3) are on sale for less than $40,000.

According to Edmunds' data, the average transaction price of a new EV was $61,702 in 2023, compared to $47,450 for other vehicles.

Enlarge / Hertz currently has more than a thousand Bolt EUVs for sale as they leave its rental car fleet. (credit: Chevrolet)

Electric vehicles have many advantages over cars that still use internal combustion engines. They're far more efficient, they're quieter, and they usually have much more torque than their gasoline-powered equivalents. But we're still far from achieving price parity between powertrains. In other words, EVs are expensive.

One place you can find some bargains, though, is the rental company Hertz, which currently has more than 2,100 EVs for sale, more than half of which are affordable enough to qualify for the IRS used clean vehicle tax credit.

Hertz has been adding a lot of EVs to its fleet as part of the company's decarbonization plan. In 2021, it revealed plans to purchase 100,000 Teslas. However, the controversial car maker had delivered fewer than half of those two years later, and long repair times for customer-inflicted damage have seen the rental agency divest itself of many of those Tesla and diversify its fleet, adding plenty of Polestars, Kias, and Chevrolets.

Enlarge (credit: iStock via Getty Images)

OpenAI has launched a charm offensive in Hollywood, holding meetings with major studios including Paramount, Universal and Warner Bros Discovery to showcase its video generation technology Sora and allay fears the artificial intelligence model will harm the movie industry.

Chief executive Sam Altman and chief operating officer Brad Lightcap gave presentations to executives from the film industry giants, said multiple people with knowledge of the meetings, which took place in recent days.

Altman and Lightcap showed off Sora, a new generative AI model that can create detailed videos from simple written prompts.