China Cancels Meta's $2 Billion Manus Deal

Bloomberg
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China Cancels Meta's $2 Billion Manus Deal
Bloomberg
Written by Bloomberg
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China has decided to block Meta's $2 billion acquisition of agentic artificial intelligence startup Manus, sending a chill through China's burgeoning AI sector and happening weeks before a high-profile summit between US President Donald Trump and China's Xi Jinping. Bloomberg Intelligence's Matt Bloxham explains.

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