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EU approves PIF deals in Humain and EA

EU approves PIF deals in Humain and EA

The European Commission has approved two deals targeting the Public Investment Fund, including its acquisition of sole control over the American company "Electronic Arts," and its joint control with Saudi Aramco over the company "Humain," which specializes in artificial intelligence. It confirmed that these deals would not raise competition concerns within the European Economic Area, considering their limited impact on the relevant markets. The first deal involves the Public Investment Fund gaining control over "Electronic Arts," well-known for its video games, while the second includes Aramco acquiring a joint stake in "Humain," a company developing artificial intelligence technologies and related infrastructure.

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