Meta's $2 Billion Buyout of AI Firm Manus Reportedly Blocked by China
27 april, 11:19
27 april, 11:19
05:19 AM EDT, 04/27/2026 (MT Newswires) -- Meta Platforms'(META) $2 billion acquisition of artificial intelligence startup Manus was halted by China's National Development and Reform Commission, news outlets reported Monday, citing the Chinese state planner.
The NDRC reportedly said its decision to prohibit foreign investment in the Singaporean AI startup with Chinese roots was in accordance with laws and regulations.
The regulator has asked the parties involved in the deal to withdraw it, according to reports.
Meta, Manus, and the NDRC didn't immediately respond to MT Newswires'requests for comment.
27 april, 11:19
05:19 AM EDT, 04/27/2026 (MT Newswires) -- Meta Platforms'(META) $2 billion acquisition of artificial intelligence startup Manus was halted by China's National Development and Reform Commission, news outlets reported Monday, citing the Chinese state planner.
The NDRC reportedly said its decision to prohibit foreign investment in the Singaporean AI startup with Chinese roots was in accordance with laws and regulations.
The regulator has asked the parties involved in the deal to withdraw it, according to reports.
Meta, Manus, and the NDRC didn't immediately respond to MT Newswires'requests for comment.
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