China escalates Meta acquisition review.

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China escalates Meta acquisition review. Two Manus AI co-founders have been barred from leaving China as regulators investigate whether Meta's $2 billion acquisition of the artificial intelligence startup violated investment rules. The National Development and Reform Commission summoned CEO Xiao Hong and Chief Scientist Ji Yichao to Beijing this month, subsequently restricting their exit from the country while permitting domestic travel. Manus, which develops general-purpose AI agents functioning as digital employees for research and automation tasks, is now actively seeking legal and consulting support to resolve the regulatory matter. China's commerce ministry launched a formal investigation into the deal earlier this year, marking a significant regulatory hurdle for Meta's expansion into advanced AI capabilities through the Singapore-based firm's technology and talent.

Wednesday, March 25, 2026 at 9:20 AM

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