Swedish Game Developer King Acquires Peltarion to Accelerate AI Technology in Gaming Platform.

MANews-(C)2009-2022

Swedish mobile game developer King has acquired Stockholm-based artificial intelligence software company Peltarion to accelerate current use of AI and machine learning technology in King's game platform, the company said.

Terms of the transaction were not disclosed.

With this investment, King aims to continue to build top-tier AI and machine learning capabilities and teams enabling a new generation of game design, development and live operations capabilities.

King is an interactive entertainment company for the mobile world. It had 250m monthly active users as of first quarter 2022 across web, social and...

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