Quartz·1 min read·easy
Rubik's Cube maker Spin Master is buying a viral AI sticker startup for up to $50M
✦AI Summary
Toy manufacturer Spin Master is acquiring Stickerbox, an AI-powered sticker startup, in a deal valued between $35 million and $50 million. The acquisition highlights the growing interest of traditional toy companies in integrating generative AI technology into their product offerings.
The Toronto-based toy company will pay between $35 million and $50 million for the Brooklyn startup behind Stickerbox
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