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China blocks Meta from acquiring startup Manus

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 · 14h · 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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 · 1d
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
 · 1d
Meta preparing to unwind $2.5 billion Manus acquisition, let co-founders go after China ban: Report
Meta is planning to unwind its acquisition of AI startup Manus after the Chinese government banned the transaction on Monday on national security grounds, according to a new report by The Wall Street ...

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 · 1d
China blocks Meta’s $2 billion AI deal, orders Manus acquisition to be unwound
 · 1d
Meta prepares to undo Manus acquisition after China ban, WSJ reports
 · 1d
China Orders the Unwinding of Meta’s Acquisition of an A.I. Start-Up
As companies in China and the United States race to develop cutting-edge artificial intelligence, the scrutiny could make it harder for other Chinese firms to attract funding from foreign investors.

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 · 1d
China blocks Meta’s $2B acquisition of Manus in escalating AI rivalry with US: Report
Al Jazeera English · 1d
China seeks to block US tech giant Meta from AI acquisition

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 · 14h
Meta signs up for space-based solar power to run AI data centers
7hon 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.
14h

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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