Unhappy with Mark Zuckerberg's Meta buying AI startup Manus, Chinese government to startups: Reject funding from American origin companies, unless ...
TIMESOFINDIA.COM / May 05, 2026, 09:39 (IST)
China's industry regulator has ordered Meta to cancel its $2 billion acquisition of Singapore-based AI firm Manus, citing national security concerns. This move follows the US announcing a crackdown on foreign tech companies exploiting AI models. China is also reportedly restricting US capital in its leading tech firms without government approval, signaling an escalating AI war.