Inside Meta’s big bet on new AI technology


According to reports, Manus reached more than US$100mil (RM405.7mil) in yearly sales just months after it launched, showing how quickly the company is expanding. — REUTERS/Gonzalo Fuentes/File Photo

MENLO PARK: Meta, the company that owns Facebook, Instagram and WhatsApp, has agreed to buy a fast-growing artificial intelligence company called Manus. The deal is reported to be worth more than US$2bil (RM8.1bil), making it one of Meta’s bigger purchases ever.

Manus is a company based in Singapore that makes smart computer programs known as programs that work on their own. These programs can do tasks on their own, like research, planning and writing code without a person guiding every step.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Lucid unveils steering wheel-free robotaxi concept, taking aim at Tesla's Cybercab
US appeals court throws out injunction against California law on children's online safety
Microsoft's Rajesh Jha, head of experiences and devices unit, to retire
Ukraine opens battlefield data access to allies' AI models
SoftBank-backed PayPay shares set to open 38% above IPO price
Exclusive-Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 billion tax evasion
Pentagon CTO says 'no chance' of renewed Anthropic negotiations
Bumble shares surge as investors swipe right on AI-powered reboot
US insurers and hospitals turn to new AI for age-old battle over charges vs payments
Google names London office 'Platform 37' in a nod to railway neighbour, AI 'Go' match

Others Also Read