4 months ago
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Chinese officials are reviewing Meta’s $2 cardinal acquisition of artificial quality startup Manus for imaginable exertion control violations, the Financial Times reported connected Tuesday, citing 2 radical acquainted with the matter.
Reuters could not instantly verify the report. Meta and Manus did not instantly respond to requests for comment.
Chinese commerce ministry officials began assessing whether the relocation of Manus’ unit and exertion to Singapore and the consequent merchantability to Meta required an export license nether Chinese law, the study said.
While the reappraisal is successful its preliminary stages and whitethorn not pb to a ceremonial investigation, the need for a licence could supply Beijing with an avenue to power the transaction, including, successful an utmost case, trying to unit the parties to wantonness the deal, the study added.
Meta acquired Manus past month, erstwhile a root acquainted with the substance told Reuters that the woody values the Singapore-based steadfast astatine betwixt $2 cardinal and $3 billion.
Manus went viral early this twelvemonth connected X aft it released what it claimed was the world’s archetypal wide AI agent, susceptible of making decisions and executing tasks autonomously, with overmuch little prompting required than AI chatbots specified arsenic ChatGPT and DeepSeek.
