Meta just spent over $2 billion to acquire Manus, a Singapore-based AI agent developer that hit $100 million in annualized revenue just eight months after launch. The deal caps a year where Mark Zuckerberg positioned his company as the most aggressive player in AI infrastructure acquisition, previously dropping $14.3 billion on Scale AI and scooping up AI-wearables firm Limitless. Here's what this means for the AI wars heating up.
Meta isn't slowing down on AI. The company just announced it's acquiring Manus, a Singapore-based developer of general-purpose AI agents, in a deal valued at over $2 billion according to sources familiar with the acquisition. It's the kind of move that signals where the real AI competition is heading right now - not just building models, but buying up the startups that know how to turn those models into products people actually want to use.
The timing is telling. Manus launched its first AI agent earlier this year and immediately caught fire. The startup claims it hit over $100 million in annualized revenue with a run rate exceeding $125 million just eight months after launch. Those aren't hypothetical numbers either - the company had paying customers at scale, something a lot of hot AI startups still struggle with. The platform can handle complex tasks like market research, coding, and data analysis, and according to Manus, it's already serving millions of users and businesses worldwide.
What makes this acquisition particularly interesting is that Manus wasn't some scrappy startup desperate for a buyer. The company was actively fundraising at a $2 billion valuation when Meta approached them. In April, they'd just closed a $75 million Series B led by venture firm Benchmark with backing from Tencent and HongShan Capital Group (formerly known as Sequoia). That's serious validation from serious investors. Yet Manus still took Meta's offer, suggesting the appeal of Meta's resources and distribution network outweighed staying independent.
"Joining Meta allows us to build on a stronger, more sustainable foundation without changing how Manus works or how decisions are made," Manus CEO Xiao Hong said in a company statement. It's the kind of thing acquisition targets always say, but in this case it matters because Meta is committing to keep the service running. Users won't see interruption to Manus's subscription offerings - the free and paid tiers will continue as before.
There's a strategic wrinkle here worth noting. The company also said it's winding down Manus's remaining operations in China and eliminating "Chinese ownership interests" from the acquisition. That's a nod to the geopolitical complexity of AI acquisitions these days. Manus started as a product of Chinese startup Butterfly Effect (also known as Monica.im) before becoming its own entity and relocating to Singapore in June. The company had maintained partnerships with Chinese players like Alibaba's Qwen AI team, but Meta is clearly taking a hard line on foreign ownership involvement.
