Manus to return as independent company after China forced Meta to unwind $2 billion deal

Meta Platforms Inc. will unwind its $2 billion acquisition of Manus AI after Chinese regulators forced the deal's termination, returning Manus to independent operation. The deal, announced in December, was part of Meta's AI strategy but faced regulatory hurdles in China.

Manus to return as independent company after China forced Meta to unwind $2 billion deal Source: CNBC Technology https://www.cnbc.com/technology/ Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy. Get AI news in your inbox Daily digest of what matters in AI.