Manus Seeks $4B Valuation After Meta Deal Collapse

Chinese AI startup Manus is in talks to raise $500 million at a $4 billion valuation after resuming independent operations following a failed $2 billion acquisition by Meta. Potential investors include IDG Capital, Boyu Capital, and Tencent. The company is also considering restructuring for a Hong Kong IPO. Beijing blocked the Meta deal over export control and foreign investment concerns, forcing Manus to unwind the acquisition. Early backers helped buy back shares at a $2 billion valuation. The startup, known for its viral AI agent demo, offers chatbot and vibe-coding tools comparable to those from OpenAI and Replit.