Meta starts 'unwinding' deal with Chinese-origin AI company Manus that it spent $2 bn on | TheBriefWire
Meta starts 'unwinding' deal with Chinese-origin AI company Manus that it spent $2 bn on
Published 12 June 2026 ยท tech
Meta is unwinding its $2 billion acquisition of AI startup Manus following a directive from Chinese regulators. The tech giant has ceased data sharing and
Meta is unwinding its $2 billion acquisition of AI startup Manus following a directive from Chinese regulators. The tech giant has ceased data sharing and blocked Manus staff from its systems, a move seen as a significant test of China's tightening grip on technology and overseas investments amid US competition.
Published: June 12, 2026 โข 4:05 PM IST ยท Updated: June 12, 2026 โข 5:32 PM ISTBy TheBriefWire Editorial Team
Key points
Meta is unwinding its $2 billion acquisition of AI startup Manus following a directive from Chinese regulators.
The tech giant has ceased data sharing and blocked Manus staff from its systems, a move seen as a significant test of China's tightening grip on technology and overseas investments amid US competition.