China blocks Meta from acquiring startup Manus
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Former employees at AI giants are raising hundreds of millions of dollars from investors months on from launching.
China has blocked Meta's acquisition of AI startup Manus, marking a significant intervention in the global AI competition. The move underscores Beijing's efforts to control strategic technology.
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Beijing's decision to block Meta's acquisition of Manus is a warning to other startups thinking of relocating data, talent and intellectual property abroad.
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