Meta starts unwinding $2B Manus AI deal after Beijing order
- Meta has begun unwinding its $2 billion acquisition of AI startup Manus following a divestiture order from the Chinese government citing national security concerns.
- The co-founders of Manus are currently in early negotiations to raise approximately $1 billion from external investors to fund the buyback of the company from Meta.
- This separation is critical as it allows Manus to potentially transition into a Chinese joint venture structure to comply with Beijing's regulatory requirements.
- The strategic shift is intended to pave the way for the startup's eventual public listing on the Hong Kong stock exchange.
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