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88 China orders Meta to unwind Manus AI acquisition

Tech Wire Asia
Muhammad Zulhusni @ Tech Wire Asia 1 place · today 05:00 EDT

China orders Meta to unwind Manus AI acquisition

China ordered Meta to unwind its US$2 billion-plus Manus AI acquisition. The Manus case adds risk to cross-border AI deals involving China-founded companies. Chinese regulators have ordered Meta to unwind its acquisition of AI startup Manus, a company founded in China and headquartered in Singapore, under Beijing’s foreign investment national security review mechanism. The National ...

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