Business & Enterprise Finance8 min reading time

Software’s new consolidator gets big vote of confidence from Berkshire

CNBCPublished 2 hours ago

Bending Spoons, an Italian holding company owning legacy internet brands, is reviving software startups sidelined by the AI boom. Berkshire Hathaway invested over $900M, boosting Bending Spoons' valuation to about $30B. The company is also cutting jobs post-acquisitions like Airtable, reflecting shifts in the software industry amid AI disruption.

#airtable #bending-spoons #berkshire-hathaway #mergers-and-acquisitions #software-industry

Software’s new consolidator gets big vote of confidence from Berkshire

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