Fenris Creations officially announced its corporate restructuring on May 6. The studio behind the game Eve Online has separated from its parent company Pearl Abyss. This split marks a significant shift for the developer, which was originally founded in 1997 as Loki margmiðlun in Reykjavík, Iceland. Pearl Abyss had acquired the studio in 2018 before the recent divestiture.
Studio secures Google DeepMind partnership for offline AI research
The separation process involved a financial transaction valued at approximately $120 million. Fenris Creations now operates as an independent entity. The company has secured a strategic partnership with Google DeepMind to conduct AI research. This collaboration focuses on an offline version of the Eve Online universe.
Google holds minority stake in newly independent developer
Google holds a minority stake in Fenris Creations as part of this new business arrangement. The partnership aims to integrate advanced artificial intelligence capabilities into the game's development and operations. The regions involved in this corporate update include Iceland, South Korea, the United Kingdom, and China.
Fenris Corporation provided the details regarding the split and the subsequent investment. The company has not confirmed specific timelines for the implementation of the AI research projects. The long-term impact of the Google partnership on the Eve Online player base remains to be seen.
Discussion
0 comments
Log in to join the thread with a thoughtful take, question, or correction.