iWorld
Sony Interactive Entertainment acquires video game developer Bungie
Mumbai: Sony Interactive Entertainment has announced that it will acquire video game developer Bungie in a deal that is estimated to be worth $3.6 billion.
“Bungie’s world-class expertise in multi-platform development and live game services will help us deliver on our vision of expanding PlayStation to hundreds of millions of gamers,” said Sony Interactive Entertainment president and CEO Jim Ryan. “Bungie is a great innovator and has developed incredible proprietary tools that will help PlayStation Studios achieve new heights under Hermen Hulst’s leadership.”
Bungie is the developer behind the popular gaming franchise “Halo” and massively multiplayer online game “Destiny.” Post the acquisition, Bungie will continue to independently develop and publish games and will continue to be present on all platforms and not just Playstation.
“In SIE, we have found a partner who unconditionally supports us in all we are and who wants to accelerate our vision to create generation-spanning entertainment, all while preserving the creative independence that beats in Bungie’s heart,” said Bungie CEO Pete Parsons. “We will continue to independently publish and creatively develop our games. We will continue to drive one, unified Bungie community. Our games will continue to be where our community is, wherever they choose to play.”
“I have spent a great deal of time with the senior team at Bungie and it is clear their experience and skills are highly complementary to our own,” said Playstation Studios head Hermen Hulst. “We will be ready to welcome and support Bungie as they continue to grow, and I cannot wait to see what the future holds for this incredible team.”
eNews
Arvind KC joins OpenAI as chief people officer amid rapid expansion
Former Google and Meta executive to oversee hiring, systems and culture
SAN FRANCISCO: OpenAI has appointed Arvind KC as its chief people officer, tasking him with overseeing talent, culture and organisational systems as the company continues to scale rapidly.
KC brings a blend of engineering and people leadership experience, having previously held senior roles at Roblox, Google, Palantir Technologies and Meta. His career has focused on building large technical teams and designing systems intended to support speed, collaboration and sustained performance.
At OpenAI, KC will oversee core people functions, including hiring, onboarding, development and internal policies, as the organisation adapts to the demands of rapid growth and increasingly AI-enabled work. The role places him at the centre of how the company manages workforce expansion while preserving its operating culture.
OpenAI CEO of applications Fidji Simo, said the appointment reflects the company’s belief that how it scales should align with the future it aims to shape. She said KC would play a critical role in ensuring that people processes and systems keep pace with the company’s ambitions without undermining the principles that have guided its growth so far.
The appointment comes as companies across sectors rethink how work is organised amid growing use of artificial intelligence. OpenAI said it sees an opportunity and a responsibility to develop practical models for how organisations can integrate AI into daily work while continuing to invest in human capability, skills and long-term growth.
KC said he was joining OpenAI at a moment when organisations globally are being forced to reconsider how teams operate, how roles evolve and how workers adapt as technology changes. He added that OpenAI’s position at the centre of the AI ecosystem made it a unique place to explore those questions in practice, alongside customers and partners.
