Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence 
SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched 
Today’s space race could turn fatal if we don’t agree on new rules 
Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates 
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Sony fans have been waiting for news about the PlayStation 5 for a long time, and recently, the company made waves by providing some details regarding the device. However, an analyst decided that the information was coming along too slowly and went on to provide his own thoughts on the matter. If his prediction comes true, the next-generation console will cost $500. This would be a disaster.
There is no doubting that one of the reasons why the PS4 has been able to stay on top of the video game console industry is because of its affordable price. Hideki Yasuda, an analyst at Ace Research Institute predicts that this is going to change with the PlayStation 5, Comic Book reports, by costing $500.
To put this in context, such a price tag would make the game box $100 more expensive than the current PS4. The analyst also believes that it would be coming out in November of 2020. Putting aside the predicted release date of the unit, slapping such a high figure on the PlayStation 5 could mean its doom.
For those who may remember, the PS3 faced a similar issue during launch in that it cost significantly more than its Xbox counterpart. This led to the unit performing poorly in its early life and only picked up the pace after the expense of buying one was reduced. If the PlayStation 5 does come with a $500 price tag, it will turn off a lot of gaming enthusiasts. Many of them could simply turn to PC gaming for that amount of money.
Then again, it could also be argued that the PlayStation 5 would be worth the cost with features like backward compatibility and 8K gaming being on the table. If the November 2020 release date predicted is accurate, players might want to start saving now.
