OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Sony’s next-generation gaming console, dubbed as the PlayStation 5, is now anticipated to sport some serious upgrades in its technical specifications. Meanwhile, there are speculations that an announcement for this gaming system could happen in 2019.
In the aspect of gaming console specifications, technically, Microsoft holds the lead with Xbox One X. The said gaming console runs games on native 4K resolution. Titles that were “enhanced” for Microsoft’s latest gaming console can also run at up to 60 frames per second. But if the rumors are true, Sony could topple that numbers with the future launch of PlayStation 5.
Gaming industry analyst Michael Pachter recently told Gaming Bolt that there is a chance Sony might coming up with a new device that supports 4K resolution and 240 fps frame rate to complement the PSVR. However, note that Pachter did not deliberately predict these specs to be available on a single PlayStation 5 variant.
“Whether Sony does it, I think they will probably have that 4K and 240 FPS device that’ll support PSVR. Whether they have a PlayStation Now device that is streaming only, I don’t know. Maybe there will be two each for PlayStation and Xbox, but I would be surprised if there were more than two, and I’m not sure whether Sony is committed to doing that,” Pachter further explained.
While the announcement of PlayStation 5 in 2019 is just a mere rumor at the moment, there is no doubt that Sony is gearing up for a major year ahead. The company has confirmed they will not be joining the Electronic Entertainment Expo next June to “[explore] new and familiar ways to engage [their] community.”
Sony has yet to confirm if they are going to set up their own event within the first half of 2019. But note that the company has been organizing their own annual trade show called the PlayStation Experience or PSX usually happening in December. If PlayStation 5 is going to be announced next year, this is one of the likely events where it could happen.
