Mark Zuckerberg’s Meta says it has agreed to acquire Manus, a fast-growing AI startup with Chinese roots now based in Singapore, in a deal valued at more than $2 billion, according to multiple reports.

Mark Zuckerberg’s Instagram year-in-review post blends the personal and professional, showcasing family moments alongside corporate milestones.

Meta, the parent company of Facebook and Instagram, has acquired artificial intelligence startup Manus in a deal reportedly worth over $2 billion. Manus, based in Singapore, offers general-purpose AI agents and has seen rapid growth.

Behind the scenes, Wang has complained to associates that Zuckerberg’s tight grip on the effort is stifling progress, the Financial Times reported.

After a Metaverse spending splurge last year, the company has been buying a lot of Nvidia chips, which are needed to train large AI models.

FP West: Energy Insider: Go behind the oilpatch's closed doors in our new subscriber-exclusive newsletter. A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors