Passionategeekz June 24th news, The Information reported yesterday that Google has cut the budget of Google TV project by 10% to a total of about US$500 million (Passionategeekz Note: the current exchange rate is approximately RMB 3.591 billion), and has laid off about 75 employees of the team (about 25%).
Google said in response to the statement: “We continue to invest in Google TV, including the upcoming integration of the Gemini AI model. There are currently more than 270 million units,” Google said in a statement. Android TV equipment, we are still committed to promoting the development of this ecosystem. ”
The report pointed out that Google TV, as a pre-installed smart TV system for devices such as TCL and Hisense, faces fierce competition from Roku, Fire TV and Apple TV. The budget cut shows that Google is shifting its focus to YouTube and its related products.
Sources revealed that Google may further revamp YouTube to bring it closer to streaming platforms such as Netflix or Disney+, but has not received official confirmation.
In addition, Gemini integration is expected to bring voice control, enhanced content recommendations, and smart navigation to Google TV. Google said it will focus on “platforms with a broader user base and greater growth potential.”
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