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Stock impact report

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves [MSNBC.com]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: MSNBC.com
The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025.Gonzalo Fuentes | ReutersMeta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose agents, as the tech giant continues its massive investments into artificial intelligence.Manus, founded in China before relocating to Singapore, launched its first generalThe companyclaimed it had achievedstatement"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.According to the firms, Manus will continue operating its subscription service without disruption.While further terms of the acquisition were not disclosed, the Wall Street JournalreportedThe start-up was seeking a fresh round of fundraising at a $2 billion valuation when it was approached by Meta, the report added.Manus beg Show less Read more
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