SynopsisChinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive from the Chinese government to undo the original sale. Early backers are initiating the buyback process.AgenciesThe early Chinese backers of AI startup Manus are planning to buy the company back from Meta at the $2 billion price that the Facebook parent paid, The Information reported on Thursday, citing two people with direct knowledge of the matter. The move is in response to a Chinese government order that the deal be reversed, the report said. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now
Manus original investors plan to buy back AI firm from Meta for $2 billion: The Information - The Economic Times
Chinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive from the Chinese government to undo the original sale. Early backers are initiating the buyback process.
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