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.

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