#idg capital

2 stories

#china #manus #meta #tencent #ai #ai agents #beijing #boyu capital #business #butterfly effect #export controls #funding

Manus Raises $500M After China Blocks Meta Deal
China blocks Meta’s $2B acquisition of AI startup Manus, prompting $500M funding round.
Pymnts · 1m
Manus eyes $4B valuation after Meta deal falls through
Chinese AI startup Manus is raising $500M at a $4B valuation after Beijing blocked its acquisition by Meta over export control concerns.
TechCrunch · 1m