Carta has spent the past eight months buying its way toward something that did not exist a year ago: a single platform that handles dealmaking, fund operations, investor relations, and now legal and compliance work for the private capital industry. The acquisition of Avantia, a UK-based AI-powered law firm for asset managers, is the […]
Tomoro was created in 2023 in alliance with OpenAI. The Edinburgh and London-based firm built AI concierges for Virgin Atlantic, in-game support agents for Supercell, and deployment systems for Fidelity International, Tesco, Red Bull, Mattel, and the NBA. It grew monthly revenue tenfold in 12 months. It pledged 10 million pounds to Scottish AI […]
Ryan Cohen announced on Saturday that GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $125 per share, a cash-and-stock offer valuing the e-commerce company at approximately $55.5 billion. GameStop’s market capitalisation at the time of the offer was $11.9 billion. eBay’s was $46.2 billion. The company proposing to buy is roughly a […]
