AI Matters
Why it matters
Tencent moves to buy majority stake in AI startup Manus
The Decoder Tencent moves to buy majority stake in Manus after Beijing forced Meta to unwind its $2 billion deal
Tencent is negotiating to acquire a majority stake in AI agent startup Manus at a $2 billion valuation after Chinese regulators blocked a buyout by Meta.
Why it matters
The deal highlights growing geopolitical tension over AI acquisitions after Beijing blocked Meta from buying the same startup.
Latest brief · Jul 22, 2026