Once the envy of China's tech scene, the startup behind the artificial intelligence agent tool Manus has become an example of how rivalry between global powers can ensnare young entrepreneurs' ambitions.

Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.

Meta acquired the agentic AI startup for $2 billion last year and has already added some of Manus’ tools into its platforms. But now, Manus has announced that it will “return to…

Chinese regulators in April ordered $2bn-plus acquisition's reversal