Post by CNA

A US-China tech deal has been caught in the crossfire of AI competition, with Beijing cancelling Meta’s US$2 billion deal to acquire Chinese startup Manus. Meta had moved to acquire Manus to boost its AI agent capabilities. But China’s intervention underscores its push to keep AI talent and intellectual property out of foreign hands, as tensions with the US deepen. https://cna.asia/4cTSocY #AI #Geopolitics #Tech