China blocks Meta’s acquisition of AI agent developer Manus

China blocks Meta’s acquisition of AI agent developer Manus

The Chinese government today ordered Meta Platforms Inc. to scrap its acquisition of artificial intelligence startup Manus. The development comes about 5 months after the Facebook parent announced the deal. The transaction was reportedly valued between $2 billion and $3 billion. Manus develops an AI agent that can turn financial datasets into presentations, generate websites […] The post China blocks Meta’s acquisition of AI agent developer Manus appeared first on SiliconANGLE .

Source: Siliconangle
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