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

via fortune.com

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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 […]

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