Meta Platforms has acquired Singapore-based AI startup Manus for over $2 billion, marking its third-largest acquisition after WhatsApp and Scale AI. This move emphasizes CEO Mark Zuckerberg’s commitment to advancing Meta’s position in the competitive AI landscape against giants like OpenAI and Google. Founded by Xiao Hong in 2022, Manus gained attention with its viral demo showcasing AI agents capable of various tasks, claiming superior performance to OpenAI’s systems. The acquisition not only allows Meta to integrate Manus’s technology into platforms like Facebook and Instagram but also offers immediate revenue opportunities, with Manus reporting over $100 million in annualized revenue just months after launch. With geopolitical scrutiny due to Manus’s Chinese origins, Meta aims to eliminate any ties to China following the acquisition, ensuring regulatory compliance. This strategic purchase aligns with Meta’s long-term vision of creating revenue-generating autonomous AI tools, reflecting a significant evolution in the AI industry.
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