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Tech giant Meta buys Chinese-founded AI firm Manus

Tech giant Meta buys Chinese-founded AI firm Manus

Summary

Meta, the company that owns Facebook and Instagram, is buying an artificial intelligence company called Manus. Manus, which started in China and moved to Singapore, makes AI technology that can complete work tasks. Meta hopes to use Manus's technology in its own products.

Key Facts

  • Meta is buying the AI startup Manus, which was founded in China but moved to Singapore.
  • Manus creates a type of AI known as a "self-directing agent" that can perform tasks from beginning to end.
  • Meta plans to integrate Manus's AI technology into its consumer and business products.
  • Manus's founder, Xiao Hong, expressed excitement about joining Meta and expanding the reach of their AI technology.
  • Manus has reportedly created more than 80 million virtual computers since its launch.
  • The financial details of the purchase were not shared with the public.
  • Manus claims to have quickly reached annual recurring revenue of over $100 million.
  • The AI technology from Manus is compared to the Chinese-developed chatbot DeepSeek.

Source Information