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China’s Manus founders seek $1 billion to undo Meta takeover, Bloomberg News reports

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By Reuters | Updated: May 21, 2026

May 21 (Reuters) – Manus co-founders are weighing ways to comply with China’s order to unwind Meta’s (META.O) $2 billion-plus acquisition ​of the AI startup, Bloomberg News reported on ‌Thursday.

Founders Xiao Hong, Ji Yichao and Zhang Tao are exploring options, including raising about $1 billion from external investors to buy their ​way back, the report said citing people familiar ​with the matter.

They are discussing a funding round ⁠that would value the company at a level to ​match what Meta paid to buy Singapore-based Manus, the ​report added.

Reuters could not immediately verify the report. Manus did not immediately respond to Reuters’ request for comment.

The founders may put in ​their own capital to bridge any gap, the report ​said.

Such a move could turn Manus into a joint venture with ‌the ⁠potential backers and lead to an initial public offering in Hong Kong.

Meta had announced the acquisition late December to expand advanced AI integration across its platforms. China soon ​launched a ​review into whether ⁠the deal violated investment rules and barred two Manus co-founders from leaving the country.

Last ​month, Beijing ordered California-based Meta to unwind the ​buyout ⁠amid tighter scrutiny of U.S. investments in advanced domestic tech firms as U.S.-China tech tensions grow.

Manus develops general-purpose AI ⁠agents that ​can function as digital employees, ​independently carrying out tasks such as research and automation with minimal human ​input.

Reporting by Ruchika Khanna in Bengaluru; Editing by Joyjeet Das

© Thomson Reuters 2026