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.
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