Meta Platforms – Beijing's Veto Forces Withdrawal from the 2-Billion-USD Manus Deal!
Reading Time: 3 minutes
Beijing's Veto forces Meta to reverse the 2 billion USD acquisition of Manus . The founders are reportedly raising around 1 billion USD to buy back the AI start-up and potentially bring it public in Hong Kong. A precedent with significant implications for tech investments in China. Beijing's Show of Power Derails Prestigious AI Acquisition In the U.S.-China technology conflict , the next shockwave is building: The founders of the Chinese-origin AI start-up Manus are apparently exploring multiple avenues to implement the reversal of the spectacular...
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