Leaders of AI Firm Bought by Meta Are Restricted From Leaving China (4 minute read)

Manus' co-founders, Xiao Hong and Ji Yichao, have been told not to leave China while authorities review the company's $2.5B sale to Meta. Early versions of Manus were created by engineers from a Chinese company. A Singapore-based entity then took over Manus' operations and relocated most of its China-based employees to Singapore, which made it possible for Meta to purchase it. Authorities are concerned that Manus' moves could encourage other Chinese companies to follow suit and move out of the country without vetting.