China blocks Meta's acquisition of AI firm Manus
China has blocked Meta's acquisition of AI startup Manus, the top economic planning body said Monday, after a regulatory review that reportedly also saw Beijing restrict two co-founders from leaving the country. Beijing is trying to send a clear signal that in areas of "strategic priorities" such as AI, it will increase its scrutiny to prevent talent, tech data and capital leakage, said Dylan Loh, an associate professor at Singapore's NTU. "It shows they are prepared to act and also securitise the AI space," Loh added.
Click here to read the article.