Google launches new game streaming service Stadia

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The announcement marks a major new foray into the $180bn industry for the internet giant

Stadia lets developers build new games on a streaming platform that will allow players to access the action through the web instead of having to buy expensive consoles or personal computers. The company also introduced its own game controller, which creates console-like gaming on a computer or smartphone. Alphabet shares rose less than 1% in New York.

Google would not say how much it will charge users, or whether it will be funded through advertising like most of its other businesses. The service will launch later this year, the company said, without announcing partnerships with the top-tier game developers. “Google’s pitch of leveraging infrastructure and YouTube to enable cloud gaming is a logical extension of their strengths,” Waral said. “The question is, can the content and experience compete with Sony or Microsoft?”

Google also said it is forming a studio to create its own games, led by Jade Raymond, a former executive for gaming company Ubisoft Entertainment SA. Google didn’t say how much it would spend on that initiative.The high-end streaming quality Google claimed in its announcement will only be accessible for people with fast internet connections, Waral said. “For the infrastructure and consumer to be ready for this movement we will have to wait a couple of years.

 

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