China's NDRC Blocks US Meta's Acquisition of AI Firm Manus
China’s NDRC formally prohibits US tech giant Meta from acquiring AI startup Manus, marking the first veto on foreign AI asset acquisition and escalating US-China tech rivalry.
China’s NDRC formally prohibits US tech giant Meta from acquiring AI startup Manus, marking the first veto on foreign AI asset acquisition and escalating US-China tech rivalry.