{"id":1006851,"date":"2026-05-05T09:55:33","date_gmt":"2026-05-05T04:25:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1006851"},"modified":"2026-05-05T10:13:37","modified_gmt":"2026-05-05T04:43:37","slug":"long-lake-to-buy-amex-gbt-for-6-3-billion-in-ai-travel-bet","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/05\/long-lake-to-buy-amex-gbt-for-6-3-billion-in-ai-travel-bet\/","title":{"rendered":"Long Lake to buy Amex GBT for $6.3 billion in AI travel bet"},"content":{"rendered":"<p>Investment and technology firm Long Lake said on Monday it would buy corporate travel operator American Express Global Business Travel for $6.3 billion in an all-cash deal, betting that artificial intelligence can reshape the sector&#8217;s future. <\/p>\n<p>Confidence in dealmaking is \u200cshowing signs \u2060of \u2060improvement as markets return to normality following a roller-coaster ride \u200bin the weeks after the start of the Iran war.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment and technology firm Long Lake said on Monday it would buy corporate travel operator American Express Global Business Travel for $6.3 billion in an all-cash deal, betting that artificial intelligence can reshape the sector&#8217;s future. Confidence in dealmaking is \u200cshowing signs \u2060of \u2060improvement as markets return to normality following a roller-coaster ride \u200bin the weeks after the start of the Iran war.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1006851","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1006851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1006851"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1006851\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1006851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1006851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1006851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}