According to Cointelegraph, Square Enix, a multimedia entertainment company, will modify its organisational structure. The company is expected to optimise company resource allocation to support implementing artificial intelligence (AI), blockchain, Web3.0 and cloud technologies, among others, in 2024.
Sources revealed that Takashi Kiryu, president, Square Enix, announced the ongoing changes in a blog post titled ‘A New Year’s Letter from the President.’
“We previously identified three focus investment fields, namely blockchain entertainment/Web 3.0, AI, and the cloud. Last year we redefined our overarching mission and goals for these three fields. We are currently working to modify our organisational structure and optimise our resource allocations to support these efforts,” Kiryu explained.
It is believed that the letter mentioned blockchain and Web3.0 technologies. However, Kiryu failed to expand on the company’s forthcoming ambitions in these spaces, Cointelegraph concluded.
(With insights from Cointelegraph)
