Merge and Acquisition

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OpenAI just acquired the consulting firm it was born alongside. The model company is now the services company.

  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 […]

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OpenAI just acquired the consulting firm it was born alongside. The model company is now the services company. Read More »

GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year.

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 […]

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GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year. Read More »

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