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News  ›  Benzinga

Meta Acquires Manus, Betting Big On Action-Driven AI

Benzinga Logo Benzinga By Anusuya Lahiri
Meta Acquires Manus, Betting Big On Action-Driven AI

Meta has agreed to acquire Manus, a Singapore-based AI agent company, for over $2 billion as it seeks to monetize its substantial AI investments. The acquisition focuses on developing practical AI agents capable of performing tasks like resume screening and itinerary building. Meta plans to integrate Manus' technology into its products while maintaining the service, though it will exit China operations. The deal follows Meta's strong Q3 earnings with $51.24 billion in revenue and $7.25 adjusted EPS.

Insights
MMM   positive

Recognized as a significant US company in the technical textiles sector with diverse applications


META   positive

Meta is making a strategic $2 billion acquisition to advance its AI capabilities and monetize AI investments. Strong Q3 earnings ($51.24B revenue, beating estimates) and guidance support the company's ability to fund this expansion. The acquisition targets practical, revenue-generating AI tools, demonstrating progress toward actionable AI beyond chatbots.