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AI acquisitions

2 articles tagged with “AI acquisitions”

Meta Is Unwinding Its $2 Billion Manus Deal After Beijing Said No. Here's What That Means.
Meta

Meta Is Unwinding Its $2 Billion Manus Deal After Beijing Said No. Here's What That Means.

Meta is dismantling its $2 billion acquisition of Manus after Beijing ordered the deal reversed. It's a rare case of China blocking a U.S. tech company's own acquisition.

Jun 14, 20267 min
China Blocks Meta's $2B Manus AI Deal: What It Means for the US-China AI Race
AI news

China Blocks Meta's $2B Manus AI Deal: What It Means for the US-China AI Race

China's regulators killed Meta's reported $2 billion acquisition of AI startup Manus, citing security concerns. Here's what happened and what it signals.

May 7, 20267 min