China blocks Meta from acquiring AI startup Manus
8 hours ago
- #AI Rivalry
- #Tech Acquisition
- #Geopolitics
- China blocked Meta's acquisition of AI startup Manus, reversing the deal on national security grounds.
- The decision is part of tightening scrutiny amid U.S.-China AI rivalry, potentially deterring similar U.S. tech acquisitions.
- Meta stated the deal complied with laws and expects a resolution, while Manus indicated it had already joined Meta.