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Beijing's surprise intervention on Meta's Manus rattles tech founders, VCs eyeing 'China shedding'
CNBC· 2026-03-27 16:31
In this articleMETACHONGQING, CHINA - JANUARY 07: In this photo illustration, the Manus logo is displayed on a smartphone screen, with the Chinese national flag visible in the background, on January 7, 2026 in Chongqing, China. Cheng Xin | Getty Images News | Getty Images Tech circles from Silicon Valley to Shenzhen buzzed when Meta acquired Manus, a Singaporean AI startup with Chinese roots, for $2 billion late last year.For Chinese founders striving to build products that could rival American peers, the d ...