The CODEW: American Express

American Express Expands Global Dining Network with TheFork Acquisition

Erwin Castro Wednesday, June 17, 2026

American Express has announced a proposed $700 million all-cash acquisition of TheFork, a leading European restaurant reservation and manag...

American Express Expands Global Dining Network with TheFork Acquisition

Reviewed by Erwin Castro on Wednesday, June 17, 2026 Rating: 5

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Major AI-related Technology Deals in Recent Years

OpenAI – $40B funding round (2025)
Led by SoftBank, one of the largest private tech funding rounds ever.

Meta – $14.3B investment in Scale AI (2025)
Meta acquired a major stake to strengthen its AI capabilities and talent base.

Amazon – Up to $25B investment in Anthropic (2026)
Part of a broader cloud and AI infrastructure partnership.

Stargate Project – Up to $500B AI infrastructure initiative
Joint venture involving OpenAI, SoftBank, and Oracle to build large-scale AI infrastructure in the U.S.

Google acquisition of Wiz (~$32B)
One of the largest AI/cloud-related acquisitions, strengthening AI-era cybersecurity capabilities.

xAI – $10B funding round (2025)
Major financing for xAI as competition among frontier AI labs intensified.

These deals highlight the main AI investment themes: foundation models (OpenAI, Anthropic, xAI), AI infrastructure (Stargate), data platforms (Scale AI), and AI security (Wiz).

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The CODEW

American Express Expands Global Dining Network with TheFork Acquisition

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Major AI-related Technology Deals in Recent Years

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