Techmeme
December 30, 2025, 1:45 PM

Top News

Wall Street Journal:
Sources: Meta is buying Manus for $2B+; Manus was raising at a $2B valuation when Meta approached it; Manus CEO Xiao Hong will report to Meta COO Javier Olivan  —  The deal for more than $2 billion is one of the first in which a major U.S. tech company has bought a startup with Chinese roots
Bloomberg:
Meta agrees to acquire Singapore-based startup Manus, which makes an AI agent for SMBs; Manus said earlier in December its annual revenue run rate was $125M+  —  Meta Platforms Inc. has agreed to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots …
Meta:
Meta says it will continue to operate and sell the Manus service, and Manus' talent will join Meta to deliver agents across Meta products, including Meta AI  —  We are excited to announce that Manus is joining Meta to bring a leading agent to billions of people and unlock opportunities for businesses across our products.
Nikkei Asia:
Samantha Subin / CNBC:
Sources: SoftBank has completed its $40B investment in OpenAI  —  SoftBank has completed its $40 billion investment commitment to OpenAI, sources told CNBC's David Faber.  —  The Japanese investment giant sent over a final $22 billion to $22.5 billion last week, according to sources familiar …
Rafe Rosner-Uddin / Financial Times:
Sources: Satya Nadella is focused on the increasing AI competition from Amazon and Google; Microsoft Deputy CTO Dee Templeton says Nadella is in “founder mode”  —  Software giant faces intense competition from Alphabet, Amazon and start-ups  —  Satya Nadella has overhauled …
Osmond Chia / BBC:
China's draft AI rules have measures to protect kids, like time limits and parental consent, ban gambling promotion content, and add suicide chats restrictions  —  China has proposed strict new rules for artificial intelligence (AI) to provide safeguards for children and prevent chatbots …
Themis Qi / South China Morning Post:
Zhipu AI launches a share sale to raise ~$560M in a Hong Kong IPO at a valuation of ~$6.6B, which would make it the first LLM developer listed in Hong Kong  —  The company, marketed overseas as Z.ai, eyes US$6.6 billion valuation with Hong Kong's first large language model listing
Natallie Rocha / New York Times:
Sources, PitchBook data, and news reports: the founders of Perplexity, Figure AI, Safe Superintelligence, Harvey, and others joined the nine-figure club in 2025  —  Just like past tech booms, the latest frenzy has produced a group of billionaires — at least on paper — from smaller start-ups.
Hyunjoo Jin / Reuters:
Sources: the US has granted an annual license to Samsung and SK Hynix to ship their chip manufacturing equipment to their facilities in China for 2026  —  The U.S. government has granted an annual licence to Samsung Electronics (005930.KS) and SK Hynix (000660.KS) to bring in chip manufacturing equipment …

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More News

Financial Times:

Earlier Picks

Vikki Blake / Eurogamer.net:
Emma Roth / The Verge: