Tencent Talks to Acquire Manus AI After Meta Deal Blocked

Now that the Chinese government has struck down the planned acquisition of native AI company Manus with Meta, the Financial Times reports that Tencent Holdings is in early talks to become the AI firm’s largest shareholder. The new deal unwinds Meta’s $2 billion attempted acquisition of Manus, while keeping the valuation intact. China’s initial decree blocking the deal was met with widespread skepticism (“can they even do that?” and so forth), but it now seems like they have ultimately prevailed in squashing the deal. Meta has completed its “operational split” from Manus, and no more data is being shared between the two companies. #🇨🇳 ChinA.I. 🤖🧠🦾🤖 https://www.bloomberg.com..