"Chinese officials are looking into whether Meta Platforms Inc.'s acquisition of artificial intelligence startup Manus violated regulations, an initial review that could hinder the deal down the road if officials determine wrongdoing. Regulators have begun a review of the transaction unveiled in December, including possible national security implications, people familiar with the matter said. Worth more than $2 billion, the deal will be assessed for its consistency with relevant laws and regulations, Ministry of Commerce spokesman He Yadong said at a regular briefing."
"Much of that effort however has focused on fundamental hardware such as AI accelerators and other semiconductors. The Meta deal marked a rare US acquisition of an Asian tech company and the latest multibillion-dollar AI bet from Chief Executive Officer Mark Zuckerberg. Manus' AI agent can complete certain general tasks, such as screening resumes, creating trip itineraries and analyzing stocks in response to basic instructions."
Chinese regulators have begun an initial review of Meta Platforms Inc.'s acquisition of AI startup Manus to determine whether the deal violated regulations and to assess possible national security implications. The transaction, unveiled in December and valued at more than $2 billion, will be judged for consistency with relevant laws and regulations, the Ministry of Commerce said. Manus, founded in China and now based in Singapore, earned renown for AI agents that can screen resumes, create trip itineraries and analyze stocks. The review is early and might not lead to intervention, but such reviews can become formal probes and potentially result in penalties or conditions on approval. Beijing has pushed domestic development of technology to replace American software and hardware.
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