CNBC's MacKenzie Sigalos joins 'Halftime Report' to discuss why investors are cheering the purchase of a China-founded, Singapore-based AI agents company — and how it strengthens Meta’s business tools as questions mount about ROI.
Breakdown
- Meta acquires AI startup Manus for over $2 billion 8s
- Manus offers AI agents for business automation and rapid revenue growth 24s
- Acquisition gives Meta a subscription revenue stream amid investor pressure 35s
- Meta spent $30 billion on hiring and AI leadership in 2024 47s
- Meta shares rose about one percent after the announcement 1m 23s