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AI & Enterprise

China regulators block Meta\'s acquisition of Manus, order deal termination

Chinese regulators have moved to block Meta\'s acquisition of AI agent startup Manus, with foreign media reporting authorities ordered the deal treated as if it never happened. An organisation under the National Development and Reform Commission said it would ban a foreign company from acquiring the Manus project under relevant laws, without naming Meta or giving reasons. Meta announced the deal in December, and the Wall Street Journal reported it was worth more than $2 billion.

AI & Enterprise

Meta steps up AI agent startup dealmaking, hires Dreamer team

Meta Platforms has effectively acquired AI agent startup Dreamer through a talent-hiring deal, with the purchase price not disclosed. Dreamer built a platform that lets users create their own AI agents. Dreamer’s team, including executive Hugo Barra, will join Meta Superintelligence Labs. Dreamer will remain an independent entity and Meta will get a non-exclusive license to its technology. Dreamer investors will receive more than their investment back.

AI & Enterprise

‘Claude killed my startup’, a founder’s confession

A social media post by Ira Bodnar (이라 보드나르), founder of ad-management automation startup Ryze AI, is drawing attention after he titled it that Anthropic’s Claude killed his startup. He wrote that Ryze AI’s deal close rate fell from 70 percent to 20 percent after Claude and Manus, acquired by Meta, launched a Meta ads connector. Bodnar said he is pivoting toward complex workflows for large ad agencies and selling an AI-based ad agency service to small businesses.