Chinese AI company Manus, owned by Butterfly Effect, raised over $500 million in its first funding round since Meta canceled a $2 billion acquisition deal. Led by Boyu Capital and IDG Capital, with participation from Tencent and others, the funding supports Manus' continued growth and hiring globally. The startup, known for its AI agents and chatbot tools, relocated to Singapore in 2025 and was generating over $100 million in annual recurring revenue before the Meta deal was blocked by Chinese regulators. Manus is also considering a public listing in Hong Kong as it expands its AI product offerings, including the recent launch of Manus 2.0 and the Cue app for personal AI agents.
As of Oct 08, 2026 20:31 WIB, Meta Platforms Inc shares are priced at USD 719.60 with a slight decline of 0.24% on the day. The stock holds a substantial market cap of $1.84 trillion and an enterprise value of $1.86 trillion. Despite Meta's canceled acquisition deal with Manus, the platform shows a typical holding period of 127 days and a balanced order activity leaning slightly towards selling at 65%.
Alphabet and Meta both doubled their AI capital expenditures last quarter, with Alphabet spending $44.92 billion and Meta $30.12 billion. Alphabet is monetizing its AI data centers through cloud services, driving an 82% increase in cloud revenue to $...
Nebius has rapidly converted a $37.49 billion AI compute contract backlog into revenue, driving a 183% gain this year. Key deals with Meta and Microsoft fuel growth, with Q2 revenue up 454% to $582.3 million and strong EBITDA margins. However, the co...
In August, President Trump disclosed over 500 securities transactions, including a purchase of up to $25 million in Meta stock and $5 million in SpaceX debt. Notably, the SpaceX debt purchase occurred two days before he signed a policy to expand U.S....
Securitize has introduced Securitize Stocks, tokenized versions of major U.S. equities like AAPL and MSFT, available to eligible investors in the U.S., EU, and other regions. These tokens are backed 1:1 by actual shares, preserving shareholder rights...
Meta and Amazon are heavily investing in AI infrastructure, using nearly all cash from their core businesses for capital expenditures. Meta funds its AI buildout through advertising revenue, while Amazon relies on AWS, which has a clearer payback tim...
