Op-ed: In blocking Meta-Manus deal, China just sent a powerful reminder to U.S. market about AI race

CNBC Top News ·

Op-ed: In blocking Meta-Manus deal, China just sent a powerful reminder to U.S. market about AI race

When Meta agreed to acquire Manus , a Singapore-based artificial intelligence startup with Chinese roots for roughly $2 billion last December, many saw the transaction as just another routine deal in …

When Meta agreed to acquire Manus , a Singapore-based artificial intelligence startup with Chinese roots for roughly $2 billion last December, many saw the transaction as just another routine deal in today's global technology economy: capital crossing borders, startups relocating to friendlier jurisdictions, and major platform companies acquiring talent and intellectual property in the race to build the next generation of AI systems. …

Original source: CNBC Top News