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Chinese AI startup Manus drums up over $500m in fresh funding

Business October 08, 2026 01:30 PM
Chinese AI startup Manus drums up over $500m in fresh funding

HONG KONG -- Manus' parent Butterfly Effect has raised more than $500 million in fresh funding after Beijing's order to unwind the AI startup's $20 billion acquisition by U.S. tech giant Meta, the company announced Thursday.