Meta has announced the acquisition of AI startup Manus AI in a $2.5 billion deal, marking its first significant move into the enterprise AI agent market. Manus AI, which was valued at $500 million in May, specializes in AI agents for market analysis, code writing, and on-chain data processing. The startup reported over $100 million in annual recurring revenue shortly after its launch.
The acquisition includes retention incentives for key Manus AI staff, as Meta seeks to strengthen its position against competitors like Salesforce and Microsoft in the enterprise AI sector. Despite this strategic expansion, Meta continues to face scrutiny over past data privacy issues.
Meta Acquires Manus AI for $2.5 Billion to Enter Enterprise AI Market
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