MAM
Samsung sparks PC gaming revolution in India with World Cyber Games
MUMBAI: Samsung India Electronics Ltd. has kicked off the PC gaming revolution in India by announcing the launch of the Cyber Olympics event – the World Cyber Games 2005. The event was kicked off in Delhi yesterday.
The World Cyber Games is the world’s first “Cyber Game Festival,” designed to build a healthy cyber culture. The best gamers around the world gather in various cities to share the excitement and fun of the game tournaments. The World Cyber Games (WCG) have been promoted on the lines of the International Olympic movement. Samsung Electronics Co. Ltd, South Korea – is the main sponsor for the WCG in over 75 countries this year. The winners from each of the 75 countries will compete at the WCG finals being held at Suntec City Singapore, between 16 – 20 November, 2005.
WCG India preliminary will be held across eight cities in India between 13 – 31 October. The cities are as follows: New Delhi, Ahmedabad, Pune, Mumbai, Chennai, Bangalore, Hyderabad and Kolkatta. The preliminaries will be followed by the semi finals and the finals in Mumbai on 30 – 31 October.
The gaming contest includes team as well as individual games. “PC gaming is today a very evolved sport – fostering virtues of ‘team work’, ‘healthy competitiveness’ between teams and individuals and there is a strong emphasis planning and analytical skills,” said IT Products general manager Harry Ahn.
“Games like Counter Strike (five member team game), Warcraft , FIFA football, Warhammer and Need for Speed test these attributes in the gamers. While most of us interface with the PC as a productivity enhancement tool, today PC gaming is emerging as a very strong entertainment platform across the world,” Ahn added.
Recognising the needs of the rapidly growing gaming industry in India, Samsung now offers a range of products designed keeping the discerning customers in mind. For serious gamers, Samsung’s MagicGreen Monitors, SATA HDD and Combo Drives are ideal. The MagicBright? Ô technology in Samsung’s recently introduced Magic Green monitors allows for change in screen brightness to suit multiple applications. The technology offers specialised settings for four highly used applications – Movie Mode; Game mode; Internet mode and Text mode.
Indiagames is working along-with Samsung India to successfully execute the WCG event this year. Alongside, Sify i-Way chain of cyber-cafes will also be supporting WCG-2005 in India this year.
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
