Tag: Merge and Acquisition

The Arena Group is renaming itself Paradium.AI, and its revenue just halved

The Arena Group is renaming itself Paradium.AI. The publisher of TheStreet, Parade and Men’s Journal expects the change to finish by the end of August. Business Insider had it first. Steven Tweedie and Ben Shimkus obtained a staff memo from chief executive Paul Edmondson, confidential until 4:05 PM ET, five minutes after the closing bell. […]

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OpenAI just bought a slide deck startup. It is assembling an office suite one acqui-hire at a time.

OpenAI has acquired NextSlide, a startup that turned prompts, notes, documents, and research into finished editable presentations. Financial terms were not disclosed, and the team has moved onto ChatGPT. Founder Ahmed Beshry announced the deal in a note on the company’s website, which now carries nothing else. “The NextSlide team is now at OpenAI, helping build […]

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Yellow.ai is going public to buy the call centres it wants to replace with AI

Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing operators it aims to automate. The deal folds Yellow.ai into Bluerock Acquisition […]

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Zoom buys Common Room to push past the video call into AI sales

Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sales software. Zoom announced the acquisition on Thursday. It did not disclose […]

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ICE plans compute futures contracts as Wall Street races to turn GPU power into a tradable commodity

TL;DR ICE, the owner of the New York Stock Exchange, is partnering with index provider Ornn to launch cash-settled futures contracts tied to GPU computing costs. The move comes days after rival CME Group announced its own compute futures, signalling that Wall Street is racing to turn AI computing power into a standardised, tradable commodity. […]

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Carta acquires a law firm and bets the future of private capital runs on a single platform

TL;DR Carta acquired Avantia, a UK-based AI-powered law firm for asset managers, launching Carta Law as an integrated legal and compliance layer inside its private capital ERP platform. The deal is Carta’s fourth acquisition since October 2025, following Accelex, Sirvatus, and ListAlpha. Avantia was founded in 2019 by James Sutton, serves 200+ asset managers including […]

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

TL;DR OpenAI is acquiring Tomoro, the Edinburgh-based AI consulting firm it was born alongside, as the founding acquisition of its $14 billion Deployment Company — copying Palantir’s forward-deployed engineer model to close the gap between AI capability and enterprise adoption. Tomoro was created in 2023 in alliance with OpenAI. The Edinburgh and London-based firm built […]

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