00:00Think the AI race was intense already?
00:02China just blocked Meta's latest move, worth allegedly $2 billion.
00:06The US-based company had planned on acquiring the AI from Manus in December 2025.
00:12It is based in Singapore but has its roots in China.
00:16The official Chinese statement only said that it prohibits foreign investment in Manus
00:21in accordance with laws and regulations.
00:23But experts believe that China's leaders are tightening control over AI
00:28as the tech race with the US becomes more intense
00:31and that Chinese AI talents and capabilities are viewed as a core national security asset.
00:37Manus provides an autonomous AI agent that can plan and execute complex multi-step tasks
00:43such as coding, market research and even preparing budgets.
00:47Meta wanted the company to help expand AI offerings across its platforms.
00:52It's all part of a bigger competition.
00:54Tech companies want AI that goes beyond chatbot.
00:57As per reports, China wants to actively restrict US investment in its tech companies.
01:02India, on the other hand, is doubling down on US investments in its AI ecosystem.
01:08This year alone, Google, Microsoft and Amazon have announced
01:11multi-billion dollar AI investments in India.
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