AITechNode6 months ago
Meta Buys Chinese AI Startup Manus for Billions
1 min read
Meta acquired Butterfly Effect, the Chinese startup behind the AI agent Manus, for a multi-billion dollar sum. The deal ranks as Meta's third-largest acquisition, following WhatsApp and Scale AI. Founder Xiao Hong will become a Meta Vice President. The startup was previously negotiating a funding round at a $2 billion valuation.
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