EA

EA faces mass layoffs after closing $55B buyout deal

Electronic Arts officially went private on August 4, ending a 36-year run on the Nasdaq and immediately confronting the financial reality of its record-breaking leveraged buyout. The deal, led by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners…

EA partners with Stability AI on game development tools

Electronic Arts announced a strategic partnership with Stability AI today to integrate transformative artificial intelligence models into its game development workflows, as the gaming giant navigates a massive $55 billion leveraged buyout with $20 billion in debt.