It is reported that the Chinese government has barred Manus’s CEO, Xiao Hong, and chief scientist, Ji Yichao, from leaving the country amid an investigation into the company’s $2 billion acquisition by Meta. The executives were summoned to Beijing, questioned over potential violations of foreign direct investment reporting rules, and subsequently prohibited from departing China. Manus, originally founded in China and later relocated to Singapore, specializes in AI ‘agents’ capable of performing complex tasks. This marks the first instance of Beijing using exit bans on executives to impede a multibillion-dollar deal with a U.S. tech firm, reflecting China’s tightening control over its private AI industry amid global competition.
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