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China Will Require Meta to Unwind Acquisition of AI Start-Up Manus

Source: New York Times

The Chinese government said on Monday that it would require the unwinding of Meta’s acquisition of Manus, a Singapore-based artificial intelligence company with Chinese founders, in a move that could chill other Chinese entrepreneurs from seeking tie-ups with foreign partners.Chinese officials had said in January that they were investigating whether Meta’s acquisition of Manus in December violated the country’s…

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Read the original source at New York Times