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Fortune
Fortune
Technology
Dave Smith

Mark Zuckerberg’s Meta is dropping over $2 billion for an AI startup—a rare example of a U.S. tech giant buying a platform founded in China

Mark Zuckerberg smiles in a black and white suit (Credit: Taylor Hill—Getty Images)

Mark Zuckerberg’s Meta says it has agreed to acquire Manus, a fast-growing AI startup with Chinese roots now based in Singapore, in a deal valued at more than $2 billion, according to multiple reports. The latest move underscores two big trends: the massive scale of AI spending among Silicon Valley companies, and the geopolitical sensitivities around companies and startups founded in China.​

Manus, in case you’re unfamiliar, builds so‑called AI “agents” that can carry out complex digital tasks for consumers and businesses. The idea here is that Manus will essentially fold its technology into Meta’s products, including the Meta AI assistant that runs across Facebook, Instagram, and WhatsApp. The deal marks one of the first major instances of a key player in U.S. tech buying a startup founded in China, making it somewhat of a litmus test for cross-border deals of this kind—especially in the AI space.​

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