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Techmeme
September 29, 2025, 10:10 AM
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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 …
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.
More: Motley Fool
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 …
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
Yuan Gao / Bloomberg:
Sources: Huawei aims to produce ~600K of its marquee 910C Ascend chips in 2026, roughly double 2025's level, and raise its Ascend lineup output to 1.6M dies  —  Huawei Technologies Co. is preparing to sharply ramp up production of its most advanced artificial intelligence chips over the next year …
More: Sherwood News and Guru3D
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 …

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Wall Street Journal:
Sources: Disney plans a TV restructuring that is expected to result in more layoffs and consolidation of divisions as it pivots from linear TV toward streaming

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

More News

Earlier Picks

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
Financial Times:
An investigation reveals how the Russian military spy ship Yantar is being used to map and potentially intercept undersea telecommunication cables across Europe
Jeff Kauflin / Forbes:
A profile of digital micro-lender Tala, which has $340M in annualized revenue but remains unprofitable 11 years in, as it plans to double its lending in 2027
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