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manus
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Manus revenue skyrockets to $500 million, Chinese investors buy back from Meta at original price of $2 billion
Due to a directive from Chinese regulators to reverse transactions, early Chinese investors plan to redeem the company from Meta at the original $2 billion price. However, since being acquired by Meta last December, Manus's subscription revenue has exploded, with ARR soaring from $100 million to $400-500 million. Sequoia China, ZhenFund, and Tencent are participating in the buyback, while top US VC Benchmark completely exits.
Why it matters: Chinese investors are getting back an AI star company with a 5x ARR growth at a "discount price," making this a rare case of investment repatriation amidst the US-China AI geopolitical chess game.
#Manus #AI #人工智能 #Web3
Due to a directive from Chinese regulators to reverse transactions, early Chinese investors plan to redeem the company from Meta at the original $2 billion price. However, since being acquired by Meta last December, Manus's subscription revenue has exploded, with ARR soaring from $100 million to $400-500 million. Sequoia China, ZhenFund, and Tencent are participating in the buyback, while top US VC Benchmark completely exits.
Why it matters: Chinese investors are getting back an AI star company with a 5x ARR growth at a "discount price," making this a rare case of investment repatriation amidst the US-China AI geopolitical chess game.
#Manus #AI #人工智能 #Web3
💥Breaking! The National Development and Reform Commission has made a definitive statement: Foreign capital acquiring Manus? No way!
Last year, Meta dropped a massive $2 billion to grab this "hot" AI entity, and when the news broke, the crypto space exploded. But today, it’s officially announced: investment banned, trades revoked! The official review directly blocked it, citing data security and critical supply chains. So what’s Manus? The world’s first AI that can work autonomously, screen resumes, and generate reports. The Ministry of Commerce already said: foreign firms, don’t try to pull a fast one. Meta’s plans to operate independently in Singapore are also a no-go. In short: core tech, hands off.
Don’t forget to keep an eye on that little one on the Ethereum chain ~🐶0xcf91b70017eabde82c9671e30e5502d312ea6eb2
$ETH
$DOGE
#Manus #AImodel #AI
Last year, Meta dropped a massive $2 billion to grab this "hot" AI entity, and when the news broke, the crypto space exploded. But today, it’s officially announced: investment banned, trades revoked! The official review directly blocked it, citing data security and critical supply chains. So what’s Manus? The world’s first AI that can work autonomously, screen resumes, and generate reports. The Ministry of Commerce already said: foreign firms, don’t try to pull a fast one. Meta’s plans to operate independently in Singapore are also a no-go. In short: core tech, hands off.
Don’t forget to keep an eye on that little one on the Ethereum chain ~🐶0xcf91b70017eabde82c9671e30e5502d312ea6eb2
$ETH
$DOGE
#Manus #AImodel #AI
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