Meta Platforms has faced a major setback after Chinese regulators blocked its planned $2bn acquisition of AI startup Manus. The deal, announced in December, was expected to strengthen Meta’s artificial intelligence capabilities by integrating Manus’ autonomous AI agent technology into its platforms. However, China’s National Development and Reform Commission reportedly intervened, ordering the transaction to be withdrawn. The decision reflects strict regulatory controls on foreign involvement in domestic tech firms, especially in the rapidly evolving AI sector. Manus, originally founded in China and later relocated to Singapore, is known for developing AI systems capable of independently planning and executing tasks with minimal user input. The acquisition had been widely seen by analysts as a strategic move for Meta’s AI expansion. The ruling adds further strain to already tense global technology relations, highlighting growing competition over artificial intelligence development and control. Meta has stated it is working toward an appropriate resolution while continuing to expand its AI initiatives globally.
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