Manus acquisition signals Meta’s continued AI expansion

Meta Platforms has acquired Manus, a Singapore-based developer of general-purpose AI agents, as part of its continued push to expand artificial intelligence capabilities. The deal underscores Meta’s strategy of acquiring specialised AI firms to accelerate product development.

Manus, founded in China before relocating to Singapore, develops AI agents capable of performing tasks such as market research, coding, and data analysis. The company said it reached more than $100 million in annualised revenue within eight months of launch and was serving millions of users worldwide.

Meta said the acquisition will help integrate advanced automation into its consumer and enterprise offerings, including the Meta AI assistant. Manus will continue operating its subscription service, and its employees will join Meta’s teams.

Financial terms were not disclosed, but media reports valued the deal at more than $2 billion. Manus had been seeking funding at a similar valuation before being approached by Meta and had recently raised capital from international investors.

The acquisition follows a series of AI-focused deals by Meta, including investments in Scale AI and AI device start-ups. Analysts say the move highlights intensifying competition among major technology firms to secure AI talent and capabilities.

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