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SINGAPORE: It was supposed to be a done deal: Last December, US tech giant Meta shelled out US$2 billion to buy Chinese-founded, Singapore-based artificial intelligence developer Manus. Yet, China’s ...

Meta Platforms raised its annual capital spending forecast on Wednesday, plowing billions more into artificial intelligence ...

Meta is planning to unwind its acquisition of AI startup Manus after the Chinese government banned the transaction on Monday on national security grounds, according to a new report by The Wall Street ...

Meta is preparing to unwind its approximately $2 billion acquisition of the agentic AI startup Manus after China’s National Development and Reform Commission formally ordered the deal’s cancellation ...

China blocked Meta on Monday from acquiring the agentic platform Manus, a move that underscores both Manus’s strategic value and the increasingly fraught geopolitics of AI. The company behind Manus, ...

HONG KONG (AP) — China on Monday blocked U.S. tech giant Meta’s acquisition of the artificial intelligence startup Manus, in an unexpected move to reverse a deal that apparently aroused Beijing’s ...

Learn more Manus has developed an AI agent that can carry out tasks such as writing in-depth research reports. - Raul Ariano/Bloomberg News China has banned Meta Platforms’ acquisition of ...

China has ordered Meta to unwind its acquisition of the startup Manus. Meta announced it would be acquiring Manus in December for $2 billion. Manus was created in China but moved to Singapore mid-last ...