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A $2 billion Meta acquisition of artificial intelligence company Manus is being unwound after China intervened, with Manus set to resume operations as a standalone.
Meta disclosed the planned purchase last December, describing it at the time as its latest effort to shore up its AI strategy.
The deal Meta announced in December Meta said in December that it intended to acquire Manus for $2 billion.
The company framed the transaction as a concrete step toward strengthening its artificial intelligence operations. No financial terms beyond the headline figure were reported at the time.
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