Meta Platforms Inc (NASDAQ:META) has acquired Manus, a leading autonomous general-purpose AI agent company, in a move to integrate advanced agent technology across its products, the companies announced Monday. Financial terms of the deal were not announced, but The Wall Street Journal later reported that the deal was valued at around $2 billion, citing sources familiar with the matter.
Meta stock rose 1.2% on Tuesday following the news, as analysts cited the move as "potentially transformative" for the company’s AI efforts.
Manus launched onto the AI scene following the DeepSeek craze, garnering high praise when it introduced its first General AI Agent earlier this year. The company has now processed more than 147 trillion tokens and created over 80 million virtual computers, currently serving millions of users and businesses worldwide.
"Joining Meta allows us to build on a stronger, more sustainable foundation without changing how Manus works or how decisions are made," said Xiao Hong, CEO of Manus. He will be reporting directly to Meta COO Javier Olivan, the Journal said.
Meta plans to continue operating and selling the Manus service while also integrating it into Meta’s product ecosystem, including Meta AI. The acquisition will bring Manus’s technology to Meta’s billions of users and millions of businesses.
The Singapore-based Manus has experienced rapid growth, recently announcing it had reached $100 million in annual recurring revenue just eight months after launch, making it the fastest startup to achieve this milestone globally. The company’s total revenue run rate exceeds $125 million, including usage-based and other revenue.
source https://www.investing.com/news/stock-market-news/meta-acquires-manus-to-expand-ai-agent-capabilities-4424780
