P2E guild YGG shuts down its game publishing division and shifts its focus to AI data business.
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Yield Guild Games announced the closure of its game publishing division, YGG Play, and the layoff of 35 employees.
PANews reported on July 7th that Gabby Dizon, co-founder of the Web3 gaming guild Yield Guild Games (YGG), announced the closure of its game publishing division, YGG Play, affecting 35 positions. YGG will pay departing employees an additional eight weeks' salary during the transition period and assist them in finding new employment. The YGG Play platform and games such as LOL Land and Waifu Sweeper will continue operating until July 31st, after which they will be shut down. GIGACHAD BAT will move to delabs Official, while Ragnarok Breaker will continue to be operated by Planetarium HQ.
YGG's Web3 game publishing division will close on August 1st.
According to Mars Finance, on July 7th, Gabby Dizon, co-founder of the Web3 gaming guild YGG, tweeted that YGG Play, YGG's Web3 game publishing division, will close on August 1st, affecting 35 jobs. The company has promised to pay an additional eight weeks' salary. YGG will continue to operate as a small team and collaborate with the gaming community, selling data from game interactions and training to AI labs.
YGG Play has released a shutdown guide, advising users to unstake their YGG accounts and redeem in-game points by July 31st.
According to Foresight News , YGG Play, the Web3 game publishing division of YGG, has released a shutdown notice, announcing the closure schedule and user information. The announcement states that starting at 3 PM Singapore time on July 9th, the purchase functions and cross-platform quest system for "LOL Land" and "Waifu Sweeper" will cease operation. July 31st will be the last day of platform support, at which time the main site, Launchpad, and community quest site will all be closed. The announcement recommends that users complete the unstaking of YGG and the redemption of in-game points before July 31. Any compliant balance that is not processed by the deadline will be automatically converted and distributed to the linked wallet after the snapshot on the deadline date. However, the platform will no longer provide manual support for related issues at that time. The games "GIGACHADBAT" and "Ragnarok Breaker" will be operated and played by the Delabs team and Planetarium Labs respectively starting August 1st, and a new token exchange process will be launched. In addition, the originally scheduled 2026 YGG Play Summit has been cancelled.
Saga sells its crypto division and launches AI Labs, shifting its focus to an AI consumer platform.
According to Foresight News , blockchain company Saga announced the establishment of Saga AI Labs, focusing on developing AI consumer platforms and autonomous digital personalities. It also announced the sale of its cryptocurrency business and the transfer of blockchain network operation and management rights to Alapin Holdings, a subsidiary of dao5. Saga AI Labs has already implemented AI character projects with multiple game partners and plans to expand its business to consumer brands, sports, and other fields in the future.
Goldman Sachs: AI investment focus shifts to real-world industries; capital expenditure could reach $7.6 trillion over the next 6 years.
According to a recent report by Goldman Sachs, the focus of artificial intelligence (AI) investment has begun to extend to the broader real economy. While computing power, electricity, and data centers are still under rapid construction, AI is simultaneously entering real-world scenarios such as manufacturing, energy, logistics, defense, life sciences, and robotics. From 2026 to 2031, global AI capital expenditure surrounding computing, data centers, and electricity will reach approximately $7.6 trillion, with annual investment rising from $765 billion in 2026 to $1.64 trillion in 2031. Hyperscale cloud vendors may invest over $6 trillion in AI by 2030. The key to future competition will not only be models or chips, but also capital structure, energy supply, industry data, engineering capabilities, and deployment capabilities. (Cailian Press)
China Galaxy Securities: Structural Breakthrough Focuses on Science and Technology Innovation Manufacturing; Main Theme Shifts to Three Major Directions: Semiconductors, AI, and Aerospace.
According to a research report released by China Galaxy Securities, the main theme within the technology and manufacturing sector has clearly shifted from "AI + New Energy" in May to "Semiconductors + AI + Aerospace" in June. Thematic rotation has slowed compared to May, and the market's main focus is more concentrated. Considering macroeconomic, style, and industry signals, the current market presents a pattern of "macroeconomic pressure + clear structural themes." While the overall environment constrains risk appetite, funds have reached a high degree of consensus on manufacturing upgrades, energy security, and AI industry trends, continuously flowing into the science and technology innovation, semiconductor, aerospace, and manufacturing sectors, making them the areas with the strongest relative return potential in the market. In terms of style, the growth sector continues to dominate, which corroborates the structural strength of the science and technology innovation and manufacturing themes, together forming the core allocation logic at this stage. (Cailian Press)