Manus

AI startup Manus raises over $500M after Meta deal unwound

Butterfly Effect, the parent company of AI agent startup Manus, said on Thursday it has completed a funding round of more than $500 million. It is the company's first raise since Beijing forced Meta Platforms to unwind its acquisition of…

Manus resumes solo operations after $2B Meta deal collapse

Chinese-founded AI startup Manus announced on Tuesday that it has formally resumed independent operations, completing a months-long separation from Meta Platforms after Beijing blocked the company's $2 billion acquisition in April.

China to lift travel ban on Manus AI founders as Meta deal unwinds

Meta Platforms is completing the full unwinding of its roughly $2 billion acquisition of Manus, the Chinese-founded AI agent startup, after China's National Development and Reform Commission blocked the deal on national security grounds in April. Manus announced on Tuesday…

Tencent to buy Meta’s stake in AI startup Manus for $2B

Tencent is set to become the largest shareholder of Chinese AI developer Manus by acquiring Meta Platforms' stake in the company, Nikkei Asia reported on Thursday, completing the unwinding of a deal that Beijing blocked earlier this year on national…

Manus to resume independent operations as Meta deal unwinds

AI startup Manus announced on Tuesday that it will resume operating as an independent company, marking a major step in unwinding its acquisition by Meta after Chinese regulators blocked the deal on national security grounds.

Manus investors plan $2B buyback from Meta after Beijing order

The original Chinese investors in AI startup Manus are planning to repurchase the company from Meta at the same $2 billion price the social media giant paid for it, according to a report by The Information published Thursday. The buyback…

Meta cuts off Manus data access, begins unwinding $2B deal

Meta Platforms has completed an operational split from Chinese-founded AI startup Manus, cutting off all data sharing and barring Manus staff from accessing the company's internal systems since the beginning of June, according to Bloomberg News.