Update: Meta's Deal to Acquire Manus Reportedly Valued at More Than $2 Billion
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Meta Platforms is set to acquire AI startup Manus for over $2 billion, with reports indicating a valuation of $2.5 billion, including a $500 million retention pool for employees. Manus, previously valued at $500 million, will continue to operate independently while its technology will be integrated into Meta's products like Instagram and WhatsApp. The acquisition aims to enhance Meta's development of general-purpose AI agents for consumers and businesses.
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