Manus Raises Over $500M After Meta Deal Collapsed
This report is based on information published by decrypt.co. AI startup Manus has raised more than $500 million after China blocked Meta’s reported $2 billion acquisition of the company.
This report is based on information published by decrypt.co. The outlet reported that AI startup Manus raised more than $500 million after a previously reported deal with Meta fell apart.
According to decrypt.co, Manus had built a self-driving AI assistant before the recent wave of interest in the technology. The company had sold itself to Meta, but Beijing later unwound the deal.
Key Takeaways
- Decrypt.co reported that Manus raised more than $500 million.
- The outlet said China blocked Meta’s reported $2 billion acquisition of Manus.
- Manus had built a self-driving AI assistant before the deal was unwound.
Context
Manus is an AI startup, and the reported funding round follows the collapse of a previously reported acquisition by Meta. The source said Beijing unwound the deal after it had been agreed.
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