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AI News from ET - In blocking Meta-Manus’ $2 billion AI deal, China is trying to stem brain drain

Vishwadeep Khatri
in AI News & Two Lenses

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China's NDRC has blocked Meta's $2 billion acquisition of AI firm Manus, citing "laws and regulations." This move signals Beijing's intent to prevent the outflow of its top AI talent and technology, even after companies "Singapore-wash" to access foreign capital.

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