Google and Character.AI quietly settle teen suicide lawsuits to save their $2.7 billion future
Google and Character.AI have settled a high-profile lawsuit regarding teen suicide. The deal allows Google to protect its $2.7B AI investment and avoid a dangerous legal precedent regarding algorithmic liability.
Yasiru Senarathna9 min read
Flutterwave acquires Mono to lock down African open banking supremacy
Flutterwave’s $40M acquisition of Mono isn't just about payments, it’s a data play that reshapes the African fintech landscape and preps the unicorn for the public markets.
Yasiru Senarathna7 min read
The $41 Billion Bet: Why SoftBank Sold Nvidia to Buy OpenAI
Masayoshi Son sold his Nvidia stock to fund a record-breaking $41 billion bet on OpenAI. SoftBank now owns 11% of the ChatGPT maker, signaling a massive pivot from hardware to software.
Yasiru Senarathna7 min read
The Great AI Cull of 2025: 7 Startups That Burned Out
The AI gold rush has hit its first major slump. From Builder.ai’s insolvency to Pandion’s collapse, we analyze the 7 biggest startup failures of 2025 and the $1 billion lesson they left behind.
Yasiru Senarathna10 min read
The "Chatbot" Era is Over. Why Meta Just Bought Manus for Billions
Meta has acquired Manus, the viral "agentic AI" startup, in a reported multi-billion dollar deal. Here is why Zuckerberg is pivoting from chatbots to autonomous agents that can run your computer.
Yasiru Senarathna8 min read
SoftBank bets $4 billion on DigitalBridge to fuel its Artificial Super Intelligence obsession
Masayoshi Son’s SoftBank is acquiring DigitalBridge for $4 billion. The deal marks a pivot to physical "ASI" infrastructure, offering a 50% premium on the stock's average.
Yasiru Senarathna5 min read
Zepto files confidentially for $1.3 billion IPO as losses triple
Zepto has filed for a massive $1.3 billion IPO, but with losses tripling to ₹3,367 crore, the quick-commerce unicorn faces a brutal road ahead.
Yasiru Senarathna4 min read
Alphabet buys the grid to save its AI future
Alphabet's $4.75B acquisition of Intersect signals a shift in the AI wars. Tech giants are no longer just buying chips; they are buying the power grid itself to keep them running.
Yasiru Senarathna4 min read