Meta’s Strategic Bet on General‑Purpose AI: The Acquisition of Manus
In a landmark deal that underscores the intensifying global competition for artificial intelligence talent and technology, Meta Platforms has agreed to acquire the AI startup Manus a firm originally founded in China that has garnered attention for its advanced autonomous AI agents. The transaction, valued at more than $2 billion, marks one of the rare instances […]
PIA Privatization, Explained Like a Startup Deal
PIA wasn’t really sold for Rs135 billion. When you break it down like a startup deal, the story looks very different. For weeks, the headline has been repeated everywhere: PIA sold for Rs135 billion. But anyone who has ever raised capital, negotiated a term sheet, or restructured a struggling company knows one thing: headline numbers […]