Meta

China reviews Meta’s $2bn purchase of AI start-up Manus

Commerce ministry assessing whether deal for Chinese-founded group violates technology export controls

Chinese officials are reviewing Meta’s $2bn purchase of artificial intelligence platform Manus for possible technology export control violations, in a move that potentially gives Beijing leverage over the high-profile transaction.

The deal announced last week is a rare case of a US group acquiring a cutting-edge AI start-up with Chinese roots at a time when Washington and Beijing are locked in an increasingly fraught competition over a range of advanced technologies.

Two people familiar with the matter said officials in the commerce ministry had begun assessing whether the relocation of Manus’s staff and technology to Singapore and the subsequent sale to Meta required an export licence under Chinese law.

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