Meta Reportedly Moves to Unwind $2B Manus Deal After Beijing's Demand
Original: Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
Meta is dismantling its $2B Manus acquisition after the Chinese government ordered the deal reversed.
Meta has begun unwinding its $2 billion acquisition of AI company Manus following a direct order from Beijing to reverse the deal. The move marks a rare instance of a foreign government compelling a major US tech company to abandon a completed or near-complete acquisition. The development underscores the deepening geopolitical tension surrounding AI assets with Chinese origins.
Meta is in the process of dismantling its $2 billion acquisition of Manus, the AI agent platform, after the Chinese government issued a directive ordering the transaction to be reversed, according to a report from TechCrunch citing unnamed sources familiar with the matter.
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