China blocks $2bn Meta takeover of AI agent developer Manus
Guardian AI
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Generative AI
AI Business
Beijing says domestic tech companies must seek explicit government approval for accepting US investment Business live - latest updates China has blocked Meta’s $2bn (£1.5bn) acquisition of an AI startup as it cracks down on US investments in domestic tech companies. Mark Zuckerberg’s Meta, the owner of Facebook, Instagram and WhatsApp, announced the acquisition of Manus, a developer of autonomous AI agents, in December.