Topic: equity investment
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Saudi Arabia, Jared Kushner Join $55B EA Buyout, Acquire Madden
Electronic Arts (EA) will become a privately held company following a $55 billion acquisition by a consortium led by Saudi Arabia's Public Investment Fund, alongside Silver Lake and Affinity Partners. The deal, approved by EA's Board of Directors, is expected to finalize in the first quarter of f...
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Nvidia CEO Denies Report of Stalled $100B OpenAI Investment
Nvidia's CEO Jensen Huang publicly dismissed reports of cooling relations with OpenAI as "nonsense," reaffirming a strong commitment and stating Nvidia will "definitely participate" in OpenAI's funding round. A Wall Street Journal report had suggested Nvidia was reconsidering its multi-billion do...
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