Tencent is set to become the top shareholder of Chinese AI startup Manus after Beijing pressured the company to unwind a deal with Meta.
Tencent is set to become the top shareholder of Chinese AI startup Manus after Beijing pressured the company to unwind a deal with Meta. Chinese authorities are actively blocking U.S. tech firms from holding stakes in strategically sensitive domestic AI companies. Source
The excerpt is quoted from a public Telegram channel, which owns its text.