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China blocks Meta from acquiring startup Manus

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 · 11h · on MSN
China blocks Meta's AI startup deal as rivalry with US over artificial intelligence deepens
China has banned a planned acquisition of the AI startup Manus following a probe into Meta's planned purchase of the firm

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 · 22h
China Orders Meta to Unwind $2 Billion Purchase of AI Startup Manus
The Business Standard · 1d
China blocks Meta’s planned $2b acquisition of AI start-up Manus
 · 3h
Beijing sends warning on ‘de-Chinaing’ by blocking sale of S’pore-based AI firm Manus to Meta
China has sought for years to exert influence over business deals beyond its home turf.

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 · 19h
Blocking of Meta's AI startup buy raises risk for cross-border China tech deals
malaymail · 1d
‘Singapore washing’ is over: Beijing just rewrote the rules for cross-border AI acquisitions
 · 1d
Beijing blocks US$2 billion sale of Singapore-based Manus to Meta
Its journey - and deal with Meta - has become a test case of sorts for Chinese companies seeking American capital as geopolitical rivalry between the United States and China sharpens, and the two majo...

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Al Jazeera English · 1d
China seeks to block US tech giant Meta from AI acquisition
Asia One · 1d
Beijing blocks Meta acquisition of Chinese AI startup Manus

Meta, solar

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 · 1d
Meta seeks to power data centers with energy beamed from space
Meta Platforms Inc. is looking to power artificial intelligence data centers with solar energy collected in space, taking a novel approach to meeting its insatiable demand for electricity.

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 · 1d
Meta partners with space startup Overview Energy to secure solar power for data centers
Morning Overview on MSN · 11h
Meta signs up for space-based solar power to run AI data centers
4hon MSN

Can Meta make money on AI beyond consumer ads? That’s a big question going into earnings.

While Meta Platforms has shaped up to be good at monetizing artificial intelligence in consumer-facing advertising, some analysts question whether the company’s AI models have applications beyond that.
The Business Times
1h

China’s Meta backlash renders Manus model ‘officially dead’

Beijing is piling on the pressure just as startups grapple with escalating geopolitical tensions Read more at The Business Times.
11h

Meta's new AI model shows early promise, but investors want to see Zuckerberg's strategy

Meta introduced its new AI model at the beginning of the second quarter, so Mark Zuckerberg's commentary about the future will be key during earnings.
5don MSN

Meta set to layoff 10% of its staff as it pushes for AI

This is expected to be the first round of sweeping layoffs, set for May 20, with a second round scheduled for the second half of the year.
5don MSN

Meta to cut 10% of staff as it pours billions into AI

Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech industry layoffs fueled in part by artificial intelligence.
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