China Restricts AI Firm Founders Amid Meta Deal Review

business technology business regulation artificial intelligence

Chinese authorities are preventing two co-founders of artificial intelligence startup Manus from leaving the country. The move comes as regulators examine the company’s $2 billion acquisition by Meta Platforms Inc. for potential violations of investment rules.

The scrutiny focuses on Manus’s CEO and chief scientist, with Beijing considering penalties for key figures at the Singapore-based startup, which has Chinese origins.

Manus has gained attention for its AI agent capabilities, described as being similar to China’s DeepSeek, with the ability to perform complex tasks like property purchases, video game programming, stock analysis, and travel planning.

The situation heightens concerns surrounding the deal and suggests increased oversight of technology transfers involving Chinese companies and foreign acquisitions.

China bans Manus founders from leaving country after Meta acquires AI startup and reviews deal

euronews.com

China bars executives at Meta-owned AI company from leaving country

washingtonpost.com

Leaders of AI Firm Bought by Meta Are Restricted From Leaving China

wsj.com

China Restricts Manus Founders From Leaving China, FT Says

bloomberg.com

China bars Manus co-founders from leaving country amid Meta deal review, FT reports

reuters.com