WNA Globe

World News by Wild Rose

#foreign investment ร—

Is Chinaโ€™s Manus block a warning for other AI firms with global ambitions?

Beijingโ€™s decision to block Meta Platformsโ€™ proposed acquisition of artificial intelligence firm Manus should not be seen as a restriction on foreign investment, Chinese state media said, urging companies in the sector to โ€œgo global when readyโ€ and โ€œpursue partnerships where appropriateโ€. โ€œWhat stands out from Metaโ€™s Manus deal is that the AI industry is transcending simple commercial logic,โ€ Yuyuan Tantian, the influential social media account run by state broadcaster CCTV, said on Wednesday in...