meta buy chinese-founded ai
Meta buys Chinese-founded AI start-up Manus
Meta says it is acquiring the Chinese-founded AI firm Manus as it looks to boost the capabilities of its tech. Bloomberg analysts and The Wall Street Journal suggested the purchase could be worth more than $2bn (£1.48bn). Meta said the deal would help improve its own AI by giving people access to agents - tools which can do complex things with minimal user interaction such as planning trips or making presentations. Manus's exceptional talent will join Meta's team to deliver general-purpose agents across our consumer and business products, including Meta AI, it said in a blog post. Barton Crockett, analyst at Rosenblatt Securities, told Reuters it was a natural fit for Meta, which extended into boss Mark Zuckerberg's vision of personal AI using agents.
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