Meta said on ‍Monday it would acquire Chinese artificial intelligence startup ​Manus, as the technology giant accelerates ‌efforts to integrate advanced AI across ​its platforms.

Tech giants such as Meta have been ramping up AI investments through strategic acquisitions and talent hires as they navigate fierce industry competition. Earlier this year, the Facebook-owner invested in Scale ​AI in a deal valuing ⁠the data-labeling startup at $29 billion and bringing in its 28-year-old CEO, Alexandr Wang.

You May Also Like

Meta buried 'causal' evidence of social media harm...

Meta shut down internal research into the mental health effects of Facebook and Instagram after...

Five ways in which technology will rewire life in...

Every year, technology asks us to look ahead. It rarely changes life in the way keynotes promis...

Why programming is losing its ‘gold standard’ stat...

Generative AI is rewriting the tech career playbook. Programming, once the gold standard for hi...