Chinese AI lab Moonshot AI is preparing to begin discussions in August on a final pre-IPO fundraising round at a valuation of as much as US$50 billion, capitalizing on the success of its Kimi K3 model…
Tencent is in talks to become the largest shareholder of Manus, an AI startup that Meta had agreed to acquire for over $2bn before Beijing blocked the deal on national-security grounds. A consortium o…
Tencent is leading a consortium of Chinese investors to buy back AI agent startup Manus from Meta at the original $2 billion valuation, after China's National Development and Reform Commission ordered…
Chinese investors including HSG, ZhenFund, and Tencent are in talks to buy back AI startup Manus from Meta for $2 billion, the same price Meta paid six months ago, after Beijing mandated the deal's un…
Meta has begun dismantling its $2 billion acquisition of Chinese AI startup Manus, cutting off data sharing and access to internal systems, after Beijing ordered a divestiture on national security gro…