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Core Viewpoint - The AI agent project Manus has recently become a focal point in the market, with significant changes in its online presence and operational adjustments, raising questions about its future and viability [1][4]. Company Overview - Manus is defined as a "universal AI agent product" and gained rapid popularity after its launch in March 2023, being compared to "the next DeepSeek" [4]. - The company has undergone operational changes, including layoffs in its domestic business and a shift of core technical personnel to its headquarters in Singapore, with approximately 120 employees in China [4]. Market Reaction - The market response to Manus has been polarized, with criticisms regarding its reliance on existing AI models and claims of "shell marketing" [5]. - Industry insiders have expressed skepticism about Manus's technological innovation, suggesting it is merely an application layer built on top of existing AI models [5]. Strategic Partnerships - Manus announced a strategic partnership with Alibaba's Tongyi Qianwen team to develop a Chinese version of its product, although reports indicate that progress on this initiative has stalled [5]. Funding History - Manus has completed four rounds of financing, with notable investors including Tencent Investment and Sequoia China. The most recent funding round (C round) raised $75 million, valuing the company at $500 million [6][7].