| Electronic Arts: |
EA agrees to be acquired by Saudi Arabia's PIF, Silver Lake, and Affinity for $210 per share, taking it private at a ~$55B valuation, set to close in Q1 FY 2027 — Accelerates EA's Strategic Vision to Advance the Future of Entertainment — Stockholders to Receive $210 Per Share … | Bloomberg: |
EA's $55B sale is the largest leveraged buyout on record and represents a 25% premium on its October 26 close, as the $178B video game industry's growth slows — Electronic Arts Inc. agreed to sell to a group of private investors in a deal that values the company at $55 billion, the largest leveraged buyout on record.| Saritha Rai / Bloomberg: |
DeepSeek releases DeepSeek-V3.2-Exp, saying it built the model using a new technique called DeepSeek Sparse Attention, and halves the pricing of its tools — DeepSeek updated an experimental AI model Monday in what it called a step toward next-generation artificial intelligence.| Dominic Chopping / Wall Street Journal: |
The UK government underwrites a £1.5B loan to Jaguar Land Rover as the carmaker reels from a cyberattack that has crippled its production for around a month — The loan is to support the company's cash reserves and help it pay suppliers — The U.K. government has stepped … | Simon Willison / Simon Willison's Weblog: |
DeepMind says video models like Veo 3 could become general purpose foundation models for vision, like LLMs for text, using zero-shot “chain-of-frames” reasoning — LLMs took the ability to predict the next token and turned it into general purpose foundation models for all manner … | Reece Rogers / Wired: |
OpenAI launches new ChatGPT parental safety controls for users aged 13 to 18, including parental and law enforcement alerts for chats about self-harm or suicide — OpenAI's review process for teenage ChatGPT users who are flagged for suicidal ideation includes human moderators.| Bloomberg: |
US Commerce Secretary Howard Lutnick says the US aims to get “maybe 50% market share” of chip and wafer production to offset Beijing's threats to invade Taiwan — Washington is demanding Taiwan move investment and chip production to the US so half of American demand is manufactured locally … | Mark Bergen / Bloomberg: |
London-based Evantic Capital, founded by ex-Sequoia VC Matt Miller, raised a $400M fund, with ~12.5% coming from 135 “legends”, including CEOs, a novel strategy — Matt Miller left Sequoia Capital last December and, like many longtime venture capitalists, chose to start his own fund.| Wired: |
Marissa Mayer is dissolving AI startup Sunshine, founded in 2018, and sells its assets to her new company Dazzle, which sources say is making an AI assistant — After seven rocky years, the company's assets will be sold to Dazzle, a new AI firm that Mayer founded.| Asa Fitch / Wall Street Journal: |
How debt is fueling the next wave of the AI infrastructure boom; an analyst estimates Oracle needs to borrow $25B/year over four years to fund its OpenAI plans — For aspiring AI players like Oracle, much rides on debt and hope — In the initial years of the AI boom, comparisons to the dot-com bubble didn't make much sense.| Financial Times: |
Google DeepMind, Meta, Nvidia, and others are racing to release world models, aiming to navigate the physical world by learning from videos and robotic data — Google DeepMind, Meta and Nvidia are developing systems that aim to better understand the physical world| Tim Nudd / Ad Age: |
OpenAI launches its first extended ad campaign for ChatGPT featuring three 30-second cinematic ads with a focus on everyday AI use cases in the US and the UK — After running a Super Bowl commercial last February, OpenAI is now launching its first extended brand campaign for ChatGPT … | Jason Nelson / Decrypt: |
Caltech says it built the world's largest neutral-atom quantum computer, with 6,100 qubits, 13 second coherence, 10x longer than previously, and 99.98% accuracy — Caltech physicists have created the largest neutral-atom quantum computer to date, trapping 6,100 cesium atoms as qubits in a single array.| Devi Shastri / Associated Press: |
Several US states have passed bills to ban or restrict AI mental health treatment, as experts say state laws lag behind the fast-moving AI therapy landscape — In the absence of stronger federal regulation, some states have begun regulating apps that offer AI “therapy” …
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| Financial Times: |
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| Mark Gurman / Bloomberg: |