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CEO NA Magazine > News > Meta to buy Manus for $2 billion

Meta to buy Manus for $2 billion

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Meta Platforms Inc. has announced its plan to acquire Manus, a Singapore-based AI agent with Chinese origins, as part of its strategy to expand its AI-related business.

The agreement was reportedly reached within 10 days. As part of the acquisition deal, Manus will maintain its operations in Singapore.

According to a press release by Manus today, “We believe in the potential of autonomous agents, and this development reinforces Manus’s role as an execution layer — turning advanced AI capabilities into scalable, reliable systems that can carry out end-to-end work in real-world settings.”

“Our solution is driving value for millions of users worldwide today. With time, we hope to expand this subscription to the millions of businesses and billions of people on Meta’s platforms.”

Xiao Hong, CEO of Manus, stated, “Joining Meta allows us to build on a stronger, more sustainable foundation without changing how Manus works or how decisions are made. We’re excited about what the future holds with Meta and Manus working together and we will continue to iterate the product and serve users that have defined Manus from the beginning.”

A Meta spokesperson said, “There will be no continuing Chinese ownership interests in Manus AI following the transaction, and Manus AI will discontinue its services and operations in China.”

Manus gained prominence early this year shortly after DeepSeek’s debut. It remains unclear whether cutting ties with China will reduce government concerns, as China and the US compete for AI dominance.

By CEO NA Editorial Staff

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