Niantic sells Pokemon Go to Saudi-owned Scopely for USD 3.5 billion, shifts focus to AI

Pokémon Go director addresses concerns about its new owners and the future of the game

Niantic’s sale of Pokémon Go to Scopely raised questions — so we asked Pokémon Go director Michael Steranka about the future of the Pokémon mobile game.

Saudi to buy Pokemon Go’s parent company for $3.5bn

Saudi Arabia's Public Investment Fund (PIF) is buying the gaming division of developer Niantic, whose titles include mobile game Pokémon Go, for $3.5 billion. This is the latest purchase for...

Niantic sells Pokemon Go to Saudi-owned Scopely for USD 3.5 billion, shifts focus to AI

Niantic, the developer behind the global hit Pokémon Go, has announced the sale of its gaming business to Scopely for USD 3.5 billion (for more than 300 crores),. This strategic move allows Niantic to pivot toward geospatial AI development, while Scopely, a subsidiary of Saudi Arabia’s PIF-backed Savvy Games Group, strengthens its mobile gaming portfolio. Niantic exits gaming to focus on AI Niantic CEO John Hanke revealed that the company is res…

Saudi Arabia's PIF want to buy Wentworth Golf Club, in a move that would send shockwaves through sport

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Saudi Arabia moves into Global Boxing Promotion in Partnership with TKO Group – The Middle East Observer

Saudi Arabia has inked a multiyear deal with TKO Group, the powerhouse behind WWE and UFC, to launch a new global boxing promotion. Announced in March 2025, this partnership involves Turki Alalshikh, Chairman of the Saudi General Entertainment Authority, and Sela, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF). The venture will see TKO […]

Pokemon Go Players are Fuming After Niantic Admits Shiny Pokemon Encounter Mistake

Over the weekend, Pokemon Go held a new Catch Mastery event focused on Pokemon that originate from fossils. During the event, players were supposed to have an increased chance of encountering the Shiny versions of Archen, Omanyte, and Kabuto. Unfortunately, it seems a mistake was made on Niantic’s part, and encounter rates for Shiny Omanyte and Shiny Kabuto were not increased as intended. While the issue was supposedly resolved, it seems to have…