Bloomberg Technology | Manus Weighs Raising $1 Billion to Unwind Meta Takeover by Lulu Yilun Chen, Zheping Huang

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The co‑founders of Manus AI — Xiao Hong, Ji Yichao and Zhang Tao — are weighing a financing round of roughly $1 billion from external investors to repurchase the Chinese‑founded AI firm that Meta Platforms bought for about $2 billion, thereby fulfilling Beijing’s demand to unwind the controversial takeover; the founders may also contribute personal funds, and the plan would involve restructuring Manus as a Chinese joint venture before pursuing a Hong Kong initial public offering.

Read more: https://www.bloomberg.com/news/articles/2026-05-21/manus-weighs-raising-1-billion-to-unwind-meta-takeover

#Manus #MetaPlatforms #XiaoHong #JiYichao #ZhangTao

La #Chine réaffirme son #leadership #technologique mondial, en franchissant une nouvelle étape spectaculaire dans le domaine du #calcul #quantique en dévoilant le #Tianyan -504, un #ordinateur #quantique de 504 #qubits propulsé par le tout nouveau #processeur #Xiaohong .

https://www.mobeez.fr/actualites/15693/la-chine-devoile-le-plus-puissant-processeur-quantique-de-lhistoire-avec-un-superordinateur-affirmant-son-statut-de-leader-technologique-mondial/

@heejinlee Thanks for mentioning THE GOLDEN ERA, #AnnHui's biopic of Chinese writer #XiaoHong (1911-1942). An intriguing, absorbing & moving film, with an impressive performance by #TangWei.

"Xiao Hong led a rough, itinerant life & died a refugee in Japanese-occupied Hong Kong at age 30. Her writing career spanned less than a decade, but her works have stood as models for later generations of writers. A central theme in her work was the fate of women under patriarchy."

Must read her work now.