Meta starts 'unwinding' deal with Chinese-origin AI company Manus that it spent $2 bn on

Meta starts 'unwinding' deal with Chinese-origin AI company Manus that it spent $2 bn on

Meta is unwinding its $2 billion acquisition of AI startup Manus following a directive from Chinese regulators. The tech giant has ceased data sharing and blocked Manus staff from its systems, a move seen as a significant test of China's tightening grip on technology and overseas investments amid US competition.

Original Source

Read the full article at Timesofindia →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.