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EA Has Officially Been Sold, And What Comes Next Could Be Painful
The blockbuster buyout of Electronic Arts has been completed, with Saudi Arabia’s Public Investment Fund taking ownership of the gaming giant in the biggest leveraged buyout (LBO) in the history of commerce. The $55 billion deal includes billions in debt for EA, which has prompted fears of massive cost-cutting with projected layoffs, studio closures, and…
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Moonshot AI releases weights for Kimi K3 as U.S. Big Tech firms debate open-weight models
Moonshot AI, the Chinese company behind the Kimi K3 model launched earlier this month, has released the model weights, allowing users to access the open weight model for their own use cases. The Kimi K3 model weights were released in accordance with the earlier deadline shared by the company. The AI platform Hugging Face noted…


