Meta invests over $2 billion in AI startup Manus to boost its artificial intelligence efforts
TL;DR Summary
Meta is acquiring Singapore-based AI startup Manus for over $2 billion to enhance its AI offerings across platforms, continuing its push into artificial intelligence amidst competition from Google and OpenAI. Manus will operate independently while scaling its services, with plans to cease operations in China and focus on Singapore.
- Meta buys startup Manus in latest move to advance its artificial intelligence efforts AP News
- Mark Zuckerberg’s Meta is dropping over $2 billion for an AI startup—a rare example of a U.S. tech giant buying a platform founded in China Fortune
- How Meta’s Newest Acquisition Target Got Around Worries Over Its Ties to China The Wall Street Journal
- Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves CNBC
- Meta, SoftBank and Nvidia Splurge on Holiday AI Deals The Information
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