C3.ai merger talks with Automation Anywhere: reverse-merger route could take shape
C3.ai is in merger talks with Automation Anywhere, aiming for a reverse merger that could take the private automation firm public, sources told The Information. C3.ai shares rose as much as 19% Tuesday after the report. Automation Anywhere last reached a $6.8 billion valuation in 2019. Neither company has commented, and Reuters has not confirmed the discussions.