00:00It's Benzinga bringing Wall Street to Main Street.
00:03AI startup Manus said,
00:04Tuesday it will soon resume operating as an independent company
00:08after Chinese regulators ordered Meta to unwind its $2 billion acquisition, according to CNBC.
00:15Meta announced the deal in December after Manus relocated from China to Singapore.
00:20China's National Development and Reform Commission instructed the companies in April
00:25to withdraw the transaction following scrutiny over foreign investment rules.
00:30Manus said some users will need to back up data generated on or after December 29, 2025
00:36as part of its separation from Meta and compliance with regulatory requirements.
00:41Meta had planned to integrate Manus' general purpose AI agent technology
00:46into consumer and enterprise products as part of its broader AI expansion.
00:51The tech giant has been aggressively expanding its AI business
00:55as it works to build subscription revenue and compete with Google, Anthropic
00:59and OpenAI.
01:00For all things money, visit Benzinga.com.
Comments