Urgent.News

What's breaking now, across thousands of outlets.

AI

Manus eyes US$4 billion value in first round since Meta breakup

It would make the agentic AI pioneer China’s most valuable startup in its field

Beijing’s order compelling China’s agentic AI startup Manus to separate from Meta Platforms has paved the way for the company to double its valuation to US$4 billion in its first fundraising after the split. The planned US$500 million financing round is anticipated to finalize soon, potentially making Manus the most valuable AI startup in China's field, according to sources familiar with the matter.

Manus, founded by a team that previously worked at Meta, is being led by its original founders despite the recent acquisition by Meta. The company’s backers include Tencent, HSG, and ZhenFund. Manus’ latest acquisition comes after it was forced to split from Meta, following Beijing’s regulatory concerns over potential loss of valuable technology. The startup had previously reported deleting user data to comply with regulatory requirements.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesstimes.com.sg →

More in AI

Huawei to launch two new AI chips in 2027

Huawei Technologies will launch two new artificial-intelligence semiconductors in 2027, rotating chairman David Wang said on Thursday, as the tech giant builds up its AI computing business and seeks…

More from Thursday 17 September →