China’s Manus founders seek $1 billion to undo Meta takeover, Bloomberg News reports

May 21 (Reuters) – Manus co-founders are exploring options to fulfill ​Beijing’s demand to ‌unwind a controversial takeover by Meta, including raising about $1 billion from ‌external ​investors to ⁠buy back the ⁠Chinese-founded AI operation, Bloomberg News reported on Thursday.

Manus’s three founders — ​Xiao Hong, Ji Yichao and Zhang ⁠Tao — are ⁠discussing a round ​of funding at a ​valuation that would at ‌least match the $2 billion Meta paid to acquire the agentic ⁠AI outfit, the report said citing people familiar with ⁠the ‌matter.

Reuters could ⁠not immediately verify ​the ‌report. Manus did ​not immediately ⁠respond to Reuters’ request for comment.

(Reporting by Ruchika Khanna in Bengaluru; Editing by Joyjeet ​Das)