Meta Platforms Inc. has agreed to acquire Singapore-based startup Manus, adding a popular artificial intelligence agent as the social-media company works to build a business around its massive AI investment.
Meta Chief Executive Officer Mark Zuckerberg has made AI his company’s top priority, and is spending billions to hire researchers, build data centers and develop new models. Manus, which had an annual revenue run rate of US$125mil (RM506mil) earlier this year, sells an AI agent to businesses via a subscription service, which could give Meta a more immediate return on some of its AI investment. No financial terms were disclosed.
