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CNBC

Meta adds $18 billion in value on report of Manus acquisition

CNBC · Just In
CNBC
CNBC
Just In

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