Meta acquires Manus AI for billions of dollars

Odaily Planet Daily reports that Meta has acquired Butterfly Effect, the company that develops the AI app Manus, for billions of dollars. This is Meta's third-largest acquisition since its inception, second only to WhatsApp and ScaleAI. We understand that prior to the acquisition, Manus was raising funds in a new round at a valuation of $2 billion. "It was so fast that I even doubted whether it was a fake offer," said Liu Yuan, partner at ZhenFund and angel investor in Butterfly Effect. The acquisition negotiations were completed in an extremely short time, lasting only about ten days.