The tech giant Meta has spent billions of dollars to acquire AI company Manus. This deal ranks third in Meta's history, only behind the acquisitions of WhatsApp and another leading AI company.



Founder Xiao Hong has many labels—he is a seasoned Bitcoin holder and led Manus to rapid expansion in less than three years. In the first half of this year, the company's annual recurring revenue surpassed $125 million, mainly driven by enterprise subscription services. This figure demonstrates that Manus's business model is beginning to show its strength and also explains why a giant like Meta was attracted to make a move.
BTC0.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ChainBrainvip
· 2h ago
Billions of dollars poured into Manus, Meta is really betting on the AI boom. Earning $125 million annually and investing heavily over three years is indeed impressive.
View OriginalReply0
MEVVictimAlliancevip
· 2h ago
Billions in acquisitions? Another wave of big mergers, but Xiao Hong is indeed formidable. In just three years, he has built Manus to this size. Long-term BTC holders still have good vision. --- Another AI startup myth, this time Meta is footing the bill. With an annual recurring revenue of 1.25 billion, this number really packs a punch. The enterprise subscription route is the right way to go. --- Meta is still spending money to buy AI companies. Luckily, this isn't the crypto world, or else it would be called "rug pulling" again haha. --- Xiao Hong both holds BTC and founded an AI unicorn. This person is truly a cross-industry powerhouse. I just want to know if his BTC is still around. --- What does the third-place acquisition tell us? It shows that raising funds for AI companies alone isn't enough; only when giants like Meta step in with their money can it be considered truly successful.
View OriginalReply0
QuietlyStakingvip
· 2h ago
Billions to acquire Manus? I just want to know how much BTC Xiao Hong still has.
View OriginalReply0
RektButAlivevip
· 2h ago
Billions of dollars poured in, Meta still optimistic about AI... However, Xiao Hong has made a killing this time, with the added status of a long-term BTC holder. This person understands cycles.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)