00:00The co-founders of Manus are exploring ways to unwind the company's takeover by Meta platforms.
00:07The founders are considering raising about $1 billion from external investors
00:12to buy back the Chinese-founded AI operation.
00:16According to a Bloomberg report citing sources,
00:19the co-founders were in discussions about a round of funding at a valuation
00:23that would at least match the $2 billion Meta paid to acquire the agentic AI outfit.
00:30They may also contribute personal funds to complete the transaction and regain control of the business.
00:35If approved, Manus could later operate as a Chinese joint venture before eventually pursuing an IPO in Hong Kong.
00:43Beijing previously ordered the cancellation of the deal in April,
00:47despite much of the transaction already being completed at that stage.
00:51The move followed broader restrictions preventing major technology firms
00:54from accepting American capital without official approval from Chinese authorities.
01:00The crackdown also targeted offshore Chinese companies seeking listings in Hong Kong,
01:04including firms such as ByteDance and Moonshot AI.
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