Manus Plans $1B Raise to Reacquire Itself After Chinese Regulatory Block

Manus AI, a Singapore-headquartered agentic-AI startup, is looking to raise up to $1 billion in capital to repurchase itself from Meta following a regulatory block by China. The move aims to reverse Meta’s $2 billion-plus acquisition that was closed five months ago, as reported by Bloomberg. The Chinese National Development and Reform Commission instructed Meta to undo the acquisition due to potential violations of Chinese investment regulations and concerns about the outflow of critical AI technology. Meta has been preparing for the reversal within a short deadline set by regulators. Manus has a unique corporate history that influences the regulatory…