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EVE Online Studio Rebrands as Fenris Creations, Goes Independent in $120 Million Deal

DeepMind’s minority stake backs controlled AI research in offline EVE builds that leave players’ live universe untouched.

Overview

  • Fenris Creations, formerly CCP Games, disclosed Wednesday it bought itself back from Pearl Abyss for $120 million and returned to independent governance.
  • Google DeepMind took a minority equity stake alongside a research pact to study long-horizon planning, memory, and continual learning inside EVE’s complex, player-driven world.
  • All tests will run on offline, local-server versions of the game that are separate from Tranquility, the live server, so regular players will not see changes from the research.
  • Leadership, studios, and projects remain in place with no layoffs or restructuring, and the company reported more than $70 million in 2025 revenue as it continues EVE Vanguard and EVE Frontier.
  • The partners plan to share more details at EVE Fanfest in Reykjavík next week, highlighting how long-running virtual worlds can double as safe sandboxes for advancing AI.