

I think it means client-server basically. You can host a server in “the cloud” then access a frontend to it via your browser.
Might also mean it has features relevant to debugging/deploying cloud services.
Cloud is often a BS marketing word, but I’m sure there’s ways to make it justifiable in this case. (Not that any of us has to like these features. I for once can’t stand the idea of having my editor run inside a browser…)
Just to lob a controversial thought in there: There may be some challenges the game industry faces that aren’t solely “capitalism bad”. The most compelling one I’ve heard is that, as games as a medium they have to increasingly compete with a growing back catalogue of classics.
Between that and the rise of indie games, it gets increasingly risky to invest in large projects.
(To try and preempt some comments: I am not saying that investors are “right” to pull out of the games industry. I just want people to consider whether the problem, and hence the solution, is more complicated than they first thought)