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Bloomberg Technology | Manus Weighs Raising $1 Billion to Unwind Meta Takeover by Lulu Yilun Chen, Zheping Huang
AI generated summary, Read the full article for complete information.
The co‑founders of Manus AI — Xiao Hong, Ji Yichao and Zhang Tao — are weighing a financing round of roughly $1 billion from external investors to repurchase the Chinese‑founded AI firm that Meta Platforms bought for about $2 billion, thereby fulfilling Beijing’s demand to unwind the controversial takeover; the founders may also contribute personal funds, and the plan would involve restructuring Manus as a Chinese joint venture before pursuing a Hong Kong initial public offering.
Read more: https://www.bloomberg.com/news/articles/2026-05-21/manus-weighs-raising-1-billion-to-unwind-meta-takeover
#Manus #MetaPlatforms #XiaoHong #JiYichao #ZhangTao
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