Manus to Resume Independent Operations in Unwind of Meta Deal

The Chinese-founded artificial intelligence startup Manus said it would soon resume operating as an independent company, the latest step in efforts to unwind its purchase by Meta Platforms Inc. after government authorities in China blocked the transaction.

By Michael Shepard and Newley Purnell

Manus to return as independent company after China forced Meta to unwind $2 billion deal

Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.

Facebook parent Meta to unwind US$2 billion Manus AI deal after Beijing block

Facebook owner Meta Platforms is set to fully unwind its acquisition of Chinese-founded artificial intelligence platform Manus, more than three months after Beijing blocked the deal on national security grounds, capping off another high-profile decoupling between the US and China in the critical area of AI. On Tuesday, Manus wrote in a note to users that it would delete data by “certain users” generated on or after December 29, when Meta acquired the start-up, as part of the company’s transit...

By Vincent Chow

Manus returns to independence after China blocks Meta acquisition

AI startup Manus to resume independent operations as deal with Meta unwinds

AI firm Manus to resume 'independent' operations after China blocks Meta deal

China’s regulatory ban forced Manus to cancel its acquisition by Meta and resume independent operations.