Meta Platforms has agreed to buy Manus, a Singapore-based AI agent company with Chinese roots, in a deal that values the firm at more than $2 billion. The transaction forms part of Meta’s effort to build a business around its substantial AI investment. Manus develops general-purpose AI agents that handle research, automation, and complex digital tasks, and it recorded an annual revenue run rate of about $125 million earlier this year from subscription sales. Since its launch, the platform has processed over 147 trillion tokens and supported the creation of more than 80 million virtual computers, demonstrating broad use across various business and consumer applications.
Meta said it will continue to sell and operate the Manus service while integrating the technology into its products, and all existing investors have been bought out. “There will be no continuing Chinese ownership interests in Manus AI following the transaction, and Manus AI will discontinue its services and operations in China,” a Meta spokesperson said. Xiao Hong, CEO of Manus, said, “Joining Meta allows us to build on a stronger, more sustainable foundation without changing how Manus works or how decisions are made,” adding that the company will keep improving the product for its users. Meta plans to use the technology to expand AI agent services across its platforms as competition in the sector grows.
