tech
Tencent leads deal to unwind Meta’s $2bn Manus acquisition
Chinese tech group set to become largest shareholder in AI agent start-up after Beijing ordered reversal of US takeover
TL;DR
- A Chinese tech group is set to become the largest shareholder in an AI agent startup.
- Beijing ordered the reversal of a US takeover of the startup.
- The original acquisition was reportedly valued at $2 billion.