China Blocks Meta’s Acquisition of AI Startup Manus
Bloomberg Technology
Bloomberg Technology
China has decided to block Meta's $2 billion acquisition of agentic AI startup Manus, in a surprise move to unwind a controversial deal. The decision is likely to send a chill through China’s AI sector and emerged just weeks before a summit between US President Donald Trump and China’s Xi Jinping. Bloomberg's Neil Campling reports. (Source: Bloomberg)
