China Tightens Grip on Manus AI Founders Amid Meta Acquisition Review
Chinese authorities are scrutinizing the proposed $2 billion sale of Manus to Meta, driven by official fears of strategic technology flowing overseas, and have prevented the company's co-founders from leaving the country amid the investigation.
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China reviews $2bn Manus sale to Meta as founders barred from leaving country
Deal scrutiny deepens over official fears of strategic tech flowing overseas
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Chinese authorities have prevented two co-founders of AI startup Manus from leaving the country amid an investigation into its $2 billion acquisition by Meta. The probe, initiated in January, scrutinizes potential violations of foreign investment and national security rules, highlighting Beijing's growing apprehension over sharing advanced AI technology with foreign entities. No charges have been filed yet.
By TOI TECH DESK
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