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

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

AI Summary

After China compelled Meta to unwind a $2 billion deal for Manus, Manus will resume operations as an independent company. The acquisition was intended to strengthen Meta’s artificial intelligence capabilities.

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

Politics Markets Deals AI & Tech Meta Manus China AI acquisition deal unwind

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