Tencent in talks to buy back Manus from Meta for $2B

Tencent is negotiating with Manus and other investors to raise the roughly $2 billion needed to buy the AI agent startup back from Meta. Beijing reportedly ordered the two companies to unwind their original deal six months after it was announced, and Manus expects to remain independent of Tencent.

Why it matters: Shows Chinese regulators actively blocking foreign ownership of domestic AI agent startups.