Beijing blocks Meta's acquisition of Chinese AI startup Manus

Media/ Social Media

Meta, which owns Facebook, acquired Manus in December 2025 for more than US$2 billion in a bid to boost its capabilities in AI agents.  BEIJING: China's state planner blocked United States tech giant Meta's purchase of Chinese artificial intelligence startup Manus on Monday (Apr 27), ordering the cancellation of the deal as Beijing and Washington jostle over supremacy in frontier industries. The decision by China's National Development and Reform Commission (NDRC) highlights Beijing's

Tag-uri: Facebook

ultimele 2 ore

Beijing blocks Meta's acquisition of Chinese AI startup Manus https://www.channelnewsasia.com/ - 13:40
Beijing blocks Meta's acquisition of Chinese AI startup Manus https://www.channelnewsasia.com - 13:30