China bars Manus cofounders from leaving country as it reviews sale to Meta: Report

China has barred two co-founders of artificial intelligence startup Manus from leaving the country as regulators review whether Meta's $2 billion acquisition of the firm violated investment rules, the Financial Times reported.

Manus's chief executive Xiao Hong and ‌chief scientist ⁠Ji Yichao ⁠were summoned to a meeting in Beijing with the National Development ​and Reform Commission (NDRC) this month, the FT said on Wednesday, citing ​people with knowledge of the matter.

Following the meeting, the executives were told they could not leave China due ​to a regulatory review, though ⁠they are ‌free to travel within the country, the ​report said.


Manus ​is actively seeking legal and consulting ⁠assistance to help resolve the matter, the newspaper ​said.

"The transaction complied fully with applicable law. ​We anticipate an appropriate resolution to the inquiry," a Meta spokesperson told Reuters in an emailed statement.

China's Ministry of Public Security and Manus did not immediately respond to requests for comment.

Meta announced in December that ‌it would acquire Manus, which develops general-purpose AI agents capable of operating as digital employees, performing tasks such as research ⁠and automation with minimal prompting.

Financial terms of the deal were not disclosed, but a source told Reuters at the time that ​the deal valued Manus at $2 billion-$3 billion.

Earlier this year, China's commerce ministry had said it would assess and investigate Meta's acquisition of Manus.