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Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves

Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its massive investments into artificial intelligence. Manus, founded in China before relocating to Singapore, launched its first general AI agent earlier this year, which can execute complex tasks such as market research, coding, and data analysis. The company claimed it had achieved an annualized average revenue of more than $100 million just eight months after launch, while its revenue run rate exceeded $125 million. Meta said in a statement that its acquisition was aimed at accelerating AI innovation for businesses and integrating advanced automation into its consumer and enterprise products, including its Meta AI assistant. “Manus is already serving the daily needs of millions of users and businesses worldwide … We plan to scale this service to many more businesses,” Meta said.

Full exclusive : Meta Buys AI Startup Manus for More Than $2 Billion.