Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Instagram Outage Disrupts Thousands of U.S. Users 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
It looks like ZeniMax is closing on gaining the Virtual Reality landscape this year. The company announced that it has picked up Escalation Studios, who is known in the industry for developing the VR port of Please, Don’t Touch Anything! And the Oculus-published Herobound: Gladiators, Upload VR reported. ZeniMax already owns game publisher Bethesda Softworks.
ZeniMax and Escalation have already worked together on at least one project: the SnapMap game editor for Bethesda-published Doom, which was released last year. With the latest acquisition, Escalation will probably help out Bethesda in developing more video games for the Oculus platform, as a press release notes that the studio “will continue to contribute its talents across PC, console, mobile, and VR titles going forward.”
"We are proud of the incredible team that has helped make Escalation such a success. We can't wait to see what the studio is capable of with the support of such a great company as ZeniMax, added Tom Mustaine, Co-Managing Director of Escalation Studios.
The press release came at the heels of the verdict for its USD500 million lawsuit against Facebook’s virtual-reality subsidiary and two of its founders. Mercury News reports that Oculus and co-founders Palmer Luckey and Brendan Iribe were found by a Dallas, Texas jury to have indeed infringed ZeniMax’s copyrights and trademarks for their own projects, most notably the Oculus Rift.
ZeniMax said in a statement, “While we regret we had to litigate in order to vindicate our rights, it was necessary to take a stand against companies that engage in illegal activity in their desire to get control of new, valuable technology.”
Oculus has since revealed that it will pursue an appeal.
