China blocks Meta’s $2bn acquisition of AI start-up Manus

Facebook-owner Meta’s acquisition of AI start-up Manus has been blocked by Chinese regulators. Announced in late December, Meta said the deal – estimated to be worth around $2bn (£1.48bn) at the time – would see Manus’ agents used to boost to its own AI across its platforms. But reports on Monday said Beijing’s National Development [...] The post China blocks Meta’s $2bn acquisition of AI start-up Manus appeared first on Kahawatungu .

Go to News Site