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The $250 million AI gamble - VinciWorks
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The $250 million AI gamble - VinciWorks
In 2021, Krafton Inc. made what seemed like a smart, forward-looking bet. The company, best known for global gaming hits, acquired Unknown Worlds Entertainment, the creative force behind the widely loved Subnautica series. The deal was structured with an incentive of an additional $250 million earnout if the studio’s next title, Subnautica 2, performed as expected. At the time, it made sense. If the game succeeded, everyone would win. But by 202…
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