EA Agrees to Largest Leveraged Buyout in History | Bloomberg Tech 9/29/2025
Electronic Arts, the prominent video game company, has agreed to be acquired in the largest leveraged buyout in history. The deal, worth over $80 billion, will see EA taken private by a consortium of private equity firms and investors. Huawei, the Chinese tech giant, is planning to ramp up production of its most advanced AI chips, aiming to challenge Nvidia's dominance in the market. This move is part of Huawei's strategy to reduce its reliance on US technology and strengthen its position in the global semiconductor industry. Peloton, the fitness technology company, is preparing to launch new AI software as part of its efforts to revive its struggling business. The company hopes that the integration of AI-powered features will help it regain momentum and attract new customers in the competitive fitness tech market.
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