AI Pioneer Joins EVE Online; Studio Stays Independent

Google DeepMind has established a research partnership with Fenris Creations, the developer of EVE Online. DeepMind will utilize an offline version of the game to test AI models focused on long-horizon planning, memory, and continual learning within complex, dynamic systems.

This collaboration follows Fenris Creations' management acquiring the company from Pearl Abyss for $120 million. The transaction results in Fenris Creations operating as an independent entity, with no reported restructuring or layoffs.

Pearl Abyss had acquired CCP Games, the predecessor to Fenris Creations, for $225 million six years prior. The recent sale price indicates a significant decrease in valuation for the asset.

Fenris Creations reported profitability in 2025 with $70 million in revenue, despite previous annual losses nearing $20 million in 2023 and 2024. These losses were attributed partly to development costs for blockchain-based and extraction-shooter spinoffs.

The company's renewed independence is intended to facilitate long-term strategic decisions and provide a more direct operational structure for its core product.