Chinese officials are reviewing Meta's $2 billion acquisition of AI startup Manus for potential violations of technology export controls, focusing on whether the transfer of staff and technology to Singapore required an export license under Chinese law, which could influence or halt the deal.
Meta is acquiring AI startup Manus for over $2 billion to enhance its AI offerings across platforms, continuing its aggressive push into artificial intelligence development and scaling its services globally, while discontinuing operations in China and maintaining its focus on Singapore.
Meta is acquiring the Chinese-founded AI startup Manus for over $2 billion to enhance its AI capabilities with general-purpose agents that can perform complex tasks independently, supporting Meta's vision of personal AI and expanding its presence in the AI sector.
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 has acquired Chinese-founded AI startup Manus, which develops autonomous AI agents capable of planning and executing tasks, to integrate this technology into its products and improve user experiences worldwide amid US-China tech rivalry.
Meta is acquiring Manus, a Singapore-based AI startup with Chinese origins, for over $2 billion to enhance its AI capabilities, continue operating Manus services, and integrate its technology into Meta's products, amid ongoing US-China AI competition.
Meta Platforms has acquired Manus, a Singapore-based AI startup known for its general-purpose AI agents, in a deal reportedly over $2 billion, as part of its broader strategy to expand its AI capabilities and talent pool, including investments in various AI startups and integration of advanced automation into its products.