China moves to block Meta’s takeover of AI startup Manus
China's National Development and Reform Commission has prohibited Meta's acquisition of AI startup Manus, citing national laws and regulations. The move reflects Beijing's growing concern over foreign involvement in advanced domestic technologies.
China has halted Meta's proposed acquisition of AI startup Manus, amid growing scrutiny over foreign involvement in advanced domestic technologies. The National Development and Reform Commission (NDRC) announced the prohibition on Monday, citing national laws and regulations. Manus, originally founded with Chinese ties but now operating from Singapore, develops general-purpose AI agents. Meta had planned to acquire Manus in December, but the deal was under review by Chinese authorities. The NDRC's decision comes as the US and China are set to hold a summit in Beijing, adding to the tension in their technological rivalry.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.