Meta Acquires AI Startup Manus for Over $2 Billion

Meta Platforms Inc. announced on Monday the acquisition of Manus, a Singapore-based artificial intelligence startup, to enhance its AI capabilities across consumer and business products. The deal, part of Meta's broader push into advanced AI technologies, will integrate Manus's general-purpose AI agent into platforms such as Meta AI, which operates on Facebook, Instagram, and WhatsApp.

Financial terms of the acquisition were not disclosed by the companies. However, people familiar with the matter told the Wall Street Journal that the value exceeds $2 billion. Manus, originally founded in central China's Wuhan and Beijing as part of Beijing Butterfly Effect Technology Ltd Co., relocated its operations to Singapore in July. This move positioned the company amid global tech dynamics, allowing it to continue serving millions of users and businesses worldwide.

Manus launched its AI agent in March, marketing it as a digital employee capable of handling tasks with minimal user input. The tool performs functions such as conducting research, automating workflows, screening resumes, creating travel itineraries, and analyzing stock data. The startup promoted the product by completing free...