Event Overview
China seeks to block US tech giant Meta from AI acquisition
Bejing tightens scrutiny of AI industry amid intensifying geopolitical rivalry with the US over the technology. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include CNN, Al Jazeera.
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China blocks Meta’s acquisition of Chinese-founded AI startup Manus
China has moved to block Meta’s $2 billion acquisition of Chinese-founded artificial intelligence startup Manus, a decision that reflects Beijing’s concerns that it could lose key technology to the United States amid an intensifying tech war. The country’s state planner made a brief statement Monday demanding the two.
China seeks to block US tech giant Meta from AI acquisition
China has said it is blocking tech giant Meta from an acquisition of artificial intelligence (AI) startup Manus, tightening scrutiny of investment in domestic startups developing frontier technologies from the United States. China’s National Development and Reform Commission (NDRC) said on Monday that it was.