Xbox CEO Asha Sharma has issued a warning about the future of Xbox, saying the company cannot survive by relying entirely on its existing franchises. Despite major restructuring and studio cuts, Xbox still wants to create new IP. But can the company deliver on that promise?

Meanwhile, Bungie co-founder Jason Jones and author Margaret Stohl have launched Stone Kite, a new studio focused on creating original worlds across gaming and other entertainment. And Epic Games is reportedly delaying its Disney collaboration while pushing developers toward an AI-first production model.

These stories raise some important questions about the future of video game development. Are publishers still willing to take risks on new ideas? What happens to creative talent when studios restructure? And how much of gaming's future will be shaped by AI?

Let's discuss what's happening at Xbox, Bungie, Epic Games, and across the industry.

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