Chinese Investors Plan $2B Buyback of AI Startup Manus from Meta
Manus revenue run rate has surged to $400-500M.
Manus revenue run rate has surged to $400-500M.
Meta CTO Andrew Bosworth admitted the company’s AI reorganization was “atrocious” and damaged employee trust. At the same time, the head of product for Meta’s “AI for work” transformation is leaving the company.
Snap launched $2,195 AR Specs glasses mixing real world with digital layers; analysts mixed, stock fell on high price concern.
The upgrade is driven by strong GPU growth potential and AMD emerging as a key second supplier in the AI chip market.
Meta is considering raising "tens of billions in new shares" to fund its huge AI data centres and Zuckerberg’s “personal superintelligence” vision, following Google’s record $85B deal.
Meta launches AI Business Agent on WhatsApp/Instagram to help businesses automate sales; future paid tool for companies.