Chen Tianqiao, founder of Shanda Group, has enacted a complete operational separation between the U.S. and China divisions of his AI company, MiroMind. This move prohibits cross-border sharing of information or code and minimizes personnel, data, and asset transfers, ensuring independent management by local teams. The decision follows regulatory scrutiny from Beijing over Meta's proposed acquisition of Manus, which prompted Chen to present an internal firewall plan to resolve the issue.
Despite the suspension of Meta's acquisition, Chen proceeded with the separation, citing the complex international landscape and regulatory environment as driving factors. He described the move as a necessary compromise, akin to "cutting off our own hands and feet." MiroMind, backed by a $100 million investment from Shanda Group, plans to launch its first external funding round later this year. The company employs over 60 scientists across Singapore, Tokyo, and Seattle.
Chen Tianqiao Implements China-US Firewall for MiroMind Amid Regulatory Pressure
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