Facebook parent Meta to unwind US$2 billion Manus AI deal after Beijing block

Facebook owner Meta Platforms is set to fully unwind its acquisition of Chinese-founded artificial intelligence platform Manus, more than three months after Beijing blocked the deal on national security grounds, capping off another high-profile decoupling between the US and China in the critical area of AI. On Tuesday,

Chinese regulators ordered Meta to reverse its December acquisition of the AI agent startup, triggering a data deletion process for some users

China’s regulatory ban forced Manus to cancel its acquisition by Meta and resume independent operations.

Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.

AI startup Manus to resume independent operations as deal with Meta unwinds  Reuters

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