Yeah so historically PlayStation has had a lot of exclusives (Shadow of the Colossus, God of War, The Last of Us) that would be the deciding factor for a lot of players. So Microsoft wanted to ensure that Xbox/PC could synergize and compete against Sony by buying a stake in a ton of game studios, either to have their own exlusives or at least delayed release for PlayStation. But between bitcoin, AI and enshittification the gaming industry is in shambles so they’re cutting overhead.
Yeah so historically PlayStation has had a lot of exclusives (Shadow of the Colossus, God of War, The Last of Us) that would be the deciding factor for a lot of players. So Microsoft wanted to ensure that Xbox/PC could synergize and compete against Sony by buying a stake in a ton of game studios, either to have their own exlusives or at least delayed release for PlayStation. But between bitcoin, AI and enshittification the gaming industry is in shambles so they’re cutting overhead.