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    Tencent in talks to become AI startup Manus' largest shareholder

    Synopsis

    Tencent, together with Manus' original ​investors, including ZhenFund and HSG, are planning to buy the company back from Meta for no less than $2 billion, ‌said one of the sources and a third person ​briefed on ​the ⁠matter.

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    Reuters
    Chinese gaming ‌and internet company ⁠Tencent ⁠is in talks to become ​Manus' largest shareholder as investors seek alternatives after ​Beijing ordered Meta to unwind its $2 billion acquisition of the AI startup, ​two people with ⁠knowledge of ‌the matter said ​on ​Friday.

    The Financial Times first ⁠reported Tencent's talks earlier in the day.

    Tencent, together with Manus' original investors, including ZhenFund and HSG, are planning to buy the company back from Meta for no less than $2 billion, ‌said one of the sources and a third person briefed on the ⁠matter.


    Tencent, Manus, Meta and the two investment firms did not immediately respond to ​Reuters requests for comment.

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