Meta preparing to unwind $2.5 billion Manus acquisition, let co-founders go after China ban: Report
Meta is planning to unwind its acquisition of AI startup Manus after the Chinese government banned the transaction on Monday on national security grounds, according to a new report by The Wall Street Journal, citing sources familiar with the matter.
The Mark Zuckerberg-led company had bought Manus AI last year for $2.5 billion and then worked on integrating the company’s technology into its systems.
