China Blocks Meta's Acquisition of AI Startup Manus

Bloomberg
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China Blocks Meta's Acquisition of AI Startup Manus
Bloomberg
Written by Bloomberg
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China has decided to block Meta's $2 billion acquisition of agentic AI startup Manus, in a surprise move to unwind a controversial deal. The decision is likely to send a chill through China's AI sector and emerged just weeks before a summit between US President Donald Trump and China's Xi Jinping. Bloomberg's Neil Campling reports.

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