China’s National Development and Reform Commission announ...

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🇨🇳 ChinA.I. 🤖🧠🦾🤖

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Todd Smith

·2 months ago
shared a link post in group #🇨🇳 ChinA.I. 🤖🧠🦾🤖
China’s National Development and Reform Commission announced that it will “prohibit foreign investment” in Manus. The AI company was birthed in Beijing but moved to Singapore in 2025 while raising $75 million from international investors, including Benchmark. Meta announced plans to acquire the startup in December 2025 for $2B-$2.5B, but the Chinese government has now formally requested that both companies withdraw the agreement. This could prove challenging, as by many reports, the acquisition is already well under way; Meta employees have moved over to Manus HQ in Singapore for work, and at least some capital has already changed hands. The big question: is this just a CCP bluff, an attempt to discourage other AI companies from jumping ship, or are they serious about taking all necessary steps to block the deal on the international stage? #🇨🇳 ChinA.I. 🤖🧠🦾🤖 cnbc.com/2026/04/27/meta-..
China blocks Meta's $2 billion takeover of AI startup Manus
www.cnbc.com

China blocks Meta's $2 billion takeover of AI startup Manus

China said Monday it has decided to block Meta's $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots.

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