GameStop is preparing to make an acquisition offer for eBay as part of Chief Executive Ryan Cohen's strategy to transform the video game retailer into a major technology conglomerate valued at over $100 billion, according to people familiar with the matter. The company has reportedly been quietly building a stake in eBay's shares ahead of a potential formal offer.

The potential acquisition comes amid broader market shifts driven by artificial intelligence technology. Mark Cuban has warned that five specific job categories face particular risk from AI automation, noting that companies are increasingly weighing the cost and productivity benefits of AI systems against human labor. The shift toward AI adoption is already underway across multiple industries.

Meanwhile, the AI sector itself continues to see significant investment activity. Chipmaker Cerebras is reportedly targeting up to $4 billion in its initial public offering, reflecting strong investor interest in AI infrastructure companies. Meta has also expanded its AI capabilities through the acquisition of robotics startup Assured Robot Intelligence, which the company said will help strengthen its AI models for robotic applications.

Investment firms are responding to the AI disruption by adjusting their strategies. BlackRock has highlighted certain bonds as offering attractive yields while potentially providing protection against AI-related market disruption. The investment giant suggests these instruments could help investors navigate the changing technological landscape.

The technology sector's expansion into new markets is also evident in other recent developments. SoftBank-backed payment company Opay has hired Citigroup, Deutsche Bank, and JPMorgan to manage its planned U.S. initial public offering, indicating continued appetite for technology company listings despite market uncertainties.