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Investor Group to Buy EA For $55 Billion in Cash

An investor group including Saudi Arabia’s PIF, Silver Lake and Jared Kushner’s Affinity Partners is buying Electronic Arts for $55 billion in cash, a significant premium to where the videogame giant has been trading in recent years.

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Anthropic Hires Head of International Business in Global Push

Anthropic plans to triple its international workforce and grow its applied AI team fivefold this year.

U.S. Considers Chip Production Rule to Curb Imports

The Trump administration plans to ask chip companies to produce the same amount as their customers import from overseas.

Apple Presses the EU to Overturn Digital Markets Act

The company said the law has forced it to delay features due to the landmark law.

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Google Considered Selling Part of Ad Tech Unit Last Year, Google Executive Says

Google also considered putting part of its ad tech unit into Google Cloud and selling it as a software as a service.

DeepMind Releases New Robot AI Models

Gemini Robotics-ER 1.5 is the first broadly available Gemini Robotics model.

Trump Signs TikTok Executive Order, Values Company at $14 Billion

The Abu Dhabi-based investment company could potentially also get a board seat.

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Databricks Inks $100 Million Deal to Host OpenAI Models

The multi-year deal gives Databricks customers direct access to OpenAI’s latest models

OpenAI Signs Additional $6.5 Billion Contract With CoreWeave

The expanded contract adds to OpenAI’s spending commitments as it tries to secure computing power to train new models and serve its growing customer base.

U.S. Government Signs Deal to Use xAI’s Grok

xAI will charge $0.42 per federal agency.

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Amazon Reaches $2.5 Billion Settlement In FTC Consumer Protection Lawsuit

Amazon will have to make it easier to cancel Prime subscriptions and offer refunds to consumers.

xAI Sues OpenAI For Allegedly Stealing Trade Secrets

The lawsuit, filed late Wednesday, alleges that OpenAI poached eight xAI employees as part of a “deliberate scheme” to steal confidential information.

Oracle Raises $18 Billion in Upsized Debt Offering

Oracle had more than $150 billion in current and long-term liabilities at the end of August, according to securities filings.

Intel Said to Seek Investment From Apple

A potential deal could follow Nvidia and Softbank's investment, as part of the struggling chipmaker’s efforts to shore up its business.
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