Manus’ early Chinese backers plan $2 billion buyback of AI startup from Meta
Manus’ early Chinese investors plan to repurchase the AI startup from Meta for $2 billion, The Information reported. The buyback effort follows a directive from the Chinese government to reverse the original sale. Meta’s financial statements and core business are not expected to change as part of the development. No specific impact on Meta’s AI R&D, revenue or capital spending was disclosed.