Meta Acquires Chinese AI Startup Manus
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Meta’s acquisition of Manus AI explained - why autonomous agents matter, what Manus does, and how it shapes the future of AI.
Meta, the company that owns Facebook, Instagram and WhatsApp, has agreed to buy a fast-growing artificial intelligence company called Manus. The deal is reported to be worth more than $2 billion, making it one of Meta’s bigger purchases ever.
Meta has struggled to compete with industry-leading AI labs like OpenAI and Anthropic. Here's how its acquisition of Chinese startup Manus could change that.
Meta, the parent company of Facebook and Instagram, has acquired artificial intelligence startup Manus in a deal reportedly worth over $2 billion. Manus, based in Singapore, offers general-purpose AI agents and has seen rapid growth.
Meta Platforms (NASDAQ:META) has gone all-in on artificial intelligence (AI), releasing open-source models like Llama, building massive data centers, and integrating AI features across Facebook, Instagram,
Meta's AI-driven recommendations boost ad ROI and user engagement, while maintaining the lowest capex among Big Tech. Read here for more analysis.
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Meta's deal with Manus AI could be worth $2.5 billion
Meta's acquisition of Manus AI could be worth around $2.5 billion, including employee retention compensation, Axios has learned from a source familiar with the deal. Why it matters: AI has reset startup exit valuations,
Meta Platforms (NASDAQ:META) certainly stands out as one of the bigger “deals” to be had in big tech for those looking to play the value side of the AI trade. Undoubtedly, when it comes to the Magnificent Seven,