The use of AI in M&A continues to evolve. In episode 168, I discussed with Noah Waisberg about the development of AI-driven tools for M&A diligence, his experience building and selling Kira Systems, and his current work at Zuva. Topics discussed include: • How AI fits into the broader picture of recent M&A innovations such as virtual data rooms, quality of earnings reviews and representation & warranty insurance; • Where AI can reduce sell-side friction, including pre-diligence, disclosure schedules and managing duplicative sets of bidder queries; • How AI could encourage more robust auctions, with more bidders emerging as technology drives down diligence costs; and • AI’s “80/20” strength: it completes the first 80% of tasks efficiently, while human judgment remains essential for accuracy and “last mile” analysis. Listen and subscribe on SoundCloud, Spotify, Apple Podcasts, and YouTube: redacted redacted