The US is reviewing Benchmark’s investment into Chinese AI startup Manus
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Manus AI is one of the hottest AI agent startups around, recently raising $75 million at a half-billion-dollar valuation in a round led by Benchmark. But two unnamed sources told Semafor that the investment is now under review by the U.S. Treasury Department over its compliance with 2023 restrictions on investing in Chinese companies. Benchmark’s […]
from TechCrunch https://ift.tt/zhFKy2i
by Peace Mathew
Manus AI is one of the hottest AI agent startups around, recently raising $75 million at a half-billion-dollar valuation in a round led by Benchmark. But two unnamed sources told Semafor that the investment is now under review by the U.S. Treasury Department over its compliance with 2023 restrictions on investing in Chinese companies. Benchmark’s […]
from TechCrunch https://ift.tt/zhFKy2i
by Peace Mathew