Odaily Planet Daily reports that Meta’s multi-billion dollar acquisition of AI application developer Manus has caused a butterfly effect. This is Meta’s third-largest acquisition since its founding, second only to WhatsApp and ScaleAI. We understand that before Meta’s acquisition, Manus was in a new funding round valued at 2 billion USD. “I almost doubted whether this was a fake offer,” said Liu Yuan, partner at ZhenFund and angel investor at Butterfly Effect. The acquisition negotiations were completed in a very short period, taking only about ten days from start to finish.
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Meta spends billions of dollars to acquire Manus AI
Odaily Planet Daily reports that Meta’s multi-billion dollar acquisition of AI application developer Manus has caused a butterfly effect. This is Meta’s third-largest acquisition since its founding, second only to WhatsApp and ScaleAI. We understand that before Meta’s acquisition, Manus was in a new funding round valued at 2 billion USD. “I almost doubted whether this was a fake offer,” said Liu Yuan, partner at ZhenFund and angel investor at Butterfly Effect. The acquisition negotiations were completed in a very short period, taking only about ten days from start to finish.