Manus Original Investors Plan to Buy Back AI Firm From Meta for $2 Billion, The Information Reports
- Early investors, including HSG, ZhenFund, and Tencent, plan to buy back AI startup Manus from Meta for about $2 billion following Chinese government orders to reverse the acquisition.
- Chinese regulators ordered Meta to unwind its acquisition of Manus due to tighter controls on foreign ownership of sensitive technology.
- Meta has separated Manus operations and stopped data-sharing after receiving the regulatory directive.
12 Articles
12 Articles
Manus original investors seek to buy back AI startup from Meta for $2 billion as revenue nears $500 million - Tech Startups
Meta’s $2 billion acquisition of AI startup Manus may be heading for an unusual reversal. The early investors who backed Manus before its sale to Meta are now exploring a plan to buy the company back at the same $2 […] The post Manus original investors seek to buy back AI startup from Meta for $2 billion as revenue nears $500 million first appeared on Tech Startups.
Manus original investors plan to buy back AI firm from Meta for $2 billion: The Information
Chinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive from the Chinese government to undo the original sale. Early backers are initiating the buyback process.
Manus original investors plan to buy back AI firm from Meta for $2 billion, The Information reports
Chinese backers move to buy Manus back from Meta at the original $2B price as revenue quadruples
Chinese investors are reportedly moving to buy Manus back from Meta at its original $2B price. Beijing has reportedly pushed for tighter control over foreign-owned AI firms. Manus’ annualised revenue has grown to $400M-$500M, up from $100M at acquisition. Several of Manus’ early Chinese backers are reportedly working to buy back the AI agent startup from Meta at the same $2 billion valuation that the Facebook parent paid when it acquired the com…
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