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91 China blocks Meta’s $2B AI startup acquisition, orders unwind of Manus deal

Startups News
Nickie Louise @ Startups News 2 place · today 07:29 EDT

China blocks Meta’s $2B AI startup acquisition, orders unwind of Manus deal

China just drew a hard line in the sand for global AI deals. On Monday, the country’s top economic planner ordered Meta to unwind its $2 billion acquisition of Manus, a fast-rising AI startup with Chinese roots. The directive effectively shuts ...

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