Business:Investing
iLearningEngine’s CEO Harish Chidambaran & Matt Safaii, Chairman/CEO of Arrowroot Acq. Corp.
2023-12-06
This week, we speak with iLearningEngine’s CEO Harish Chidambaran and Matt Safaii, Chairman and CEO of Arrowroot Acquisition Corp. (Nasdaq: ARRW). The two announced a $1.4 billion deal in April.
AI may be the major buzzword of 2023, but iLearningEngines has been working on AI tools since 2010. Now, it hopes to use a SPAC transaction as its next step.
Harish explains how the company has developed a profitable AI platform with very little outside funding through the years, and how SPAC cash and public share capital can accelerate its growth through an M&A campaign.
Additionally, Matt tells us how Arrowroot’s long relationship with iLearningEngines gives it confidence in how the company will be valued in the public markets.
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