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China's National Development and Reform Commission has ordered Meta and Manus to cancel their US$2 billion acquisition deal. Manus is registered in Singapore but has Chinese founders, giving Beijing grounds to intervene. The move signals China will block AI-linked deals beyond its borders when it sees strategic
China ordered Meta to unwind its $2 billion acquisition of AI startup Manus on April 27, citing national security concerns. The forced reversal signals that cross-border AI deals between US and Chinese companies face serious government barriers on both sides. Meta closed the deal in December 2025, just months after
Tag
China's National Development and Reform Commission has ordered Meta and Manus to cancel their US$2 billion acquisition deal. Manus is registered in Singapore but has Chinese founders, giving Beijing grounds to intervene. The move signals China will block AI-linked deals beyond its borders when it sees strategic
2mo ago · 1 min · Global Affairs
China ordered Meta to unwind its $2 billion acquisition of AI startup Manus on April 27, citing national security concerns. The forced reversal signals that cross-border AI deals between US and Chinese companies face serious government barriers on both sides. Meta closed the deal in December 2025, just months after
2mo ago · 1 min · Global Affairs
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