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EA's new owners are making "a huge bet" on generative AI cost-cutting to help repay a $20 billion loan, claims report
(www.rockpapershotgun.com)
this post was submitted on 30 Sep 2025
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Just so I'm clear, this move entails:
Get a massive loan, use it to buy a company, take the money back from the company, saddle the company with the debt for it's own purchase, scrap it for parts and let it go bankrupt?
Considering it's EA, this might actually be a good thing for the world.