Chinese regulators have halted Meta’s planned acquisition of AI startup Manus, a deal reportedly valued at around $2 billion.
The decision, issued by China’s National Development and Reform Commission, requires both parties to abandon the transaction, citing restrictions on foreign investment.
Meta has maintained that the acquisition complied with all relevant laws and expressed confidence that the matter will be resolved appropriately.
The deal, first announced in December, was intended to strengthen Meta’s artificial intelligence capabilities by integrating Manus’ technology—known for developing autonomous AI agents capable of independently planning and executing tasks.
Although Manus is currently based in Singapore, its Chinese origins have placed it under the country’s regulatory oversight. China maintains strict controls over technology transfers and foreign acquisitions, particularly in strategic sectors like artificial intelligence.
The blocked deal comes amid heightened tensions between the United States and China over technology and innovation. It also follows increased scrutiny of cross-border tech transactions, with governments seeking to protect domestic advancements in AI.
Analysts had previously described the acquisition as a strategic move for Meta, led by CEO Mark Zuckerberg, to accelerate its AI ambitions.
However, the regulatory intervention highlights the growing challenges global tech firms face when navigating international laws, geopolitical dynamics, and competition in emerging technologies.
Source: citinews
