What just happened? Video game giant Electronic Arts is now officially owned by a consortium led by Saudi Arabia's sovereign Public Investment Fund (PIF). The group is also made up of investment firms Silver Lake and Affinity Partners, the latter founded by Donald Trump's son-in-law, Jared Kushner.
Editor's take: Nvidia's denial of buyout talks with a major PC maker did little to settle a deeper question hanging over the industry: If the world's most valuable chip designer chose to reshape the PC market by acquisition, who could realistically stand in its way? The company's influence over AI hardware is now so central that even an unconfirmed blog post suggesting talks with a "large PC-oriented company" was enough to jolt the shares of Dell and HP before Nvidia stepped in to say the story was false.