China Probes Meta's $2B Manus AI Acquisition Amid Security Concerns

• China's Ministry of Commerce will investigate Meta's reported $2 billion acquisition of AI startup Manus.
• The probe will assess compliance with China's export control and overseas investment laws.
• Singapore-based Manus, originally from Chinese startup Butterfly Effect, was acquired by Meta to boost its AI capabilities.
• Manus achieved $100 million ARR in 8 months, developing AI agents for tasks like market research and coding.
• The deal is part of Meta's broader AI expansion, including investments in Scale AI and Limitless, focusing on generative AI.

Why It Matters: China is scrutinizing Meta's Manus acquisition for compliance with its tech export and investment regulations.