C3.ai merger talks with Automation Anywhere: reverse-merger route could take shape
C3.ai is said to be in merger discussions with Automation Anywhere, a private software firm, sources told The Information. Reuters has not confirmed the report, and neither company has commented so far. If talks go well, Automation Anywhere aims to acquire the publicly traded AI company and go public via a reverse merger—a faster route than a standard IPO. This method allows a private company to access the stock market by taking control of a public firm.