China orders Meta to unwind US$2bn buy of AI startup Manus


Eduardo Baptista
Contributor

China ordered US tech giant Meta to unwind its $2 billion-plus (A$2.8 billion) acquisition of artificial intelligence startup Manus, as Beijing tightens scrutiny of US investment in domestic startups in frontier technologies.

The National Development and Reform Commission’s move highlights China’s commitment to stopping US firms acquiring AI talent and intellectual property, as Washington tries to cut off Chinese tech firms’ access to advanced US chips.

The NDRC’s office for …

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