China blocks Meta’s AI bet on Manus: What it means next

Meta’s planned acquisition of Manus, the Singapore-based agentic AI startup founded by Chinese engineers, has been derailed by an intervention from China’s National Development and Reform Commission (NDRC). The commission has ordered the unwinding of Meta’s proposed acquisition, reportedly valued at between US$2 billion and US$3 billion, without publicly explaining its reasoning. That silence is […] The post China blocks Meta’s AI bet on Manus: What it means next appeared first on e27.