Meta acquires intelligent agent startup Manus to cap aggressive AI year

Tech firm Meta has announced the acquisition of Chinese AI startup Manus, marking the next era of AI innovation and adding more paying customers. Meta aims to boost automation across consumer and business products, as Manus is expected to continue operating its subscription services. Meta said that Manus already serves the day-to-day needs of millions of businesses and users worldwide, and that it plans to scale these services to more businesses. Manus will essentially continue to operate its subscription service without disruption, although further terms of the acquisition are yet to be disclosed. Meanwhile, the Wall Street Journal reported that the deal was closed at over $2 billion. However, Manus was seeking to raise funds at a $2 billion valuation when Meta approached it. Mauns emerged earlier this year as a product of the Chinese startup Butterfly Effect (A.K.A Monica.Im), before growing into a separate entity after claiming its chatbot...

https://www.cryptopolitan.com/meta-buys-chinese-ai-startup-manus/