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September 29, 2025, 10:10 AM
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Top News

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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This is a Techmeme archive page. It shows how the site appeared at 10:10 AM ET, September 29, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Rob Wile / NBC News:
President Trump's 2025 financial disclosures show $80M in income from settlements tied to his lawsuits against ABC, CBS, Meta, YouTube, and other companies

Nick Vivarelli / Variety:
The EU says Paramount has committed to exit its United International Pictures distribution JV with Universal as a condition for EU approval of its WBD merger

The Guardian:
Canada will join the Eurovision song contest in 2027, becoming the first new participant since Australia in 2015; the contest will be held in Bulgaria

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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