News Summary

• Manus AI is weighing a fresh capital raise of up to $1bn to fund the unwind of the very deal that closed five months ago.
• China’s National Development and Reform Commission ordered Meta to unwind the acquisition in late April, citing possible violations of Chinese investment rules.
• The raise, if it lands, would value Manus materially above the $2bn Meta paid in December.
• For Manus itself, the raise positions the company to land on the standalone-Singapore side of the trade with a balance sheet large enough to compete inside the agentic-AI category.