After ‘cancelling’ Meta’s $2 billion acquisition of AI company Manus, China tells country’s startups and chipmakers: ‘Do not let …’
Chinese regulators are reportedly considering tightening control on export of AI tech, asking the country’s domestic artificial intelligence (AI) startups and semiconductor firms to not let cutting-edge technologies, key training data, or star tech talent fall into Western hands. This follows the cancellation of Meta-Manus deal after Beijing ordered the social media giant to unwind its $2 billion acquisition of Singapore-based AI startup that has Chinese roots.
The aggressive policy signals Beijing’s growing confidence that Chinese developers are establishing a global lead in critical areas of AI, the Financial Times reported.
