Wednesday, September 13, 2023

Since releasing Final Fantasy XVI in June 2023 to mixed reviews, Tokyo-based Square Enix shed ~$2B in market value and its new CEO faces skepticism about growth (Bloomberg)

Bloomberg:
Since releasing Final Fantasy XVI in June 2023 to mixed reviews, Tokyo-based Square Enix shed ~$2B in market value and its new CEO faces skepticism about growth  —  - Square Enix is heavily reliant on hit series to drive sales  — New CEO faces skepticism about company's growth prospects



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...