Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends
Bloomberg :
How Jared Kushner and Silver Lake co-CEO Egon Durban brokered the EA takeover using Kushner's deep Saudi Arabia ties; sources: Kushner's firm will own ~5% of EA
Trump's son-in-law used deep ties in Saudi Arabia to help pull off the largest buyout — Antoine Gara, James Fontanella-Khan …
SILQ, a B2B e-commerce platform formed by the merger of Bangladesh-based ShopUp and Saudi Arabia-based Sary, raised $110M co-led by Sanabil and Valar Ventures
now the largest B2B commerce platform across the Gulf and Emerging Asia. …
Niantic Labs says it is selling its video game division, including Pokémon Go, to Saudi Arabia-owned developer Scopely for $3.5B, subject to regulatory approval
The $3.5 billion Scopely deal could bring Niantic's AR gaming catalog under Saudi ownership.
Sources: Niantic is in talks to sell its video games unit to Saudi Arabia-owned Scopely for ~$3.5B; the deal would include Pokémon Go and its other mobile games
A deal could be announced in coming weeks. The price being discussed is about $3.5 billion, according to one of the people.
Groq says Saudi Arabia has committed $1.5B over the course of 2025, to expand the delivery of the US startup's AI inference chips for LLMs to the country
U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country.
Sources: Anthropic has ruled out taking any Saudi money over national security concerns, as investors jostle to buy into FTX's 8% stake that is now worth ~$1B
report RT Watson / The Block : OpenAI rival Anthropic selling FTX stake, but Saudi buyers left out of consideration: report Ananya Mariam Rajesh / Reuters : Anthropic weighs slate of sovereign wealth ...
South Korea-based Naver signs a 2024 to 2029 deal with Saudi Arabia to build digital twins of Riyadh, Medina, Jeddah, Dammam, and Mecca, sources say for $100M+
Kim Na-young / Yonhap News Agency :
Q&A with Brian Ward, the CEO of Saudi Arabia's Savvy Games Group, on the $4.9B acquisition of Scopely, esports, human rights issues in Saudi Arabia, and more
Dean Takahashi / VentureBeat :