Meta Platforms has acquired Manus, a Singapore-based developer of general-purpose AI agents, enhancing its commitment to artificial intelligence innovation. Founded in China, Manus launched its first AI agent this year, capable of handling complex tasks such as market research and data analysis, achieving an annualized revenue of over $100 million within eight months. This strategic acquisition aims to integrate Manus’s advanced automation into Meta’s consumer and enterprise products, including its AI assistant. Manus will maintain its subscription services and promises continuity in operations. The firm, which shifted its headquarters to Singapore after laying off staff in Beijing, has links to major tech names like Tencent and Alibaba. Meta’s acquisition aligns with its broader strategy of acquiring specialized AI start-ups to strengthen its talent pool and accelerate AI advancements, paralleling its recent investments in other AI startups like Scale AI and Limitless. This move underscores Meta’s aggressive expansion into the AI landscape.
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