Google DeepMind Takes Minority Stake in EVE Online Developer to Test Advanced AI Models

May 08, 2026
Ars Technica
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Summary

Google DeepMind takes a minority stake in EVE Online developer CCP Games, now rebranded as Fenris Creations, using the iconic space MMO as a testing ground for advanced AI models focused on long-horizon planning and memory, as the newly independent studio completes a $120 million buyout and reports profitability in 2025.

Key Points

  • Google DeepMind takes a minority stake in EVE Online developer CCP Games, now rebranded as Fenris Creations, to use the game as a testing ground for AI models focused on long-horizon planning, memory, and continual learning.
  • Fenris Creations completes a $120 million management buyout from South Korean publisher Pearl Abyss, which had originally purchased the company for $225 million in 2018, with DeepMind conducting AI experiments in an offline version of the game to avoid impacting live players.
  • The newly independent Fenris Creations reports profitability in 2025 with $70 million in revenue despite recent annual losses near $20 million, and plans to pursue long-term strategic decisions including upcoming releases EVE Vanguard and the blockchain-based EVE Frontier.

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