Chinese regulators have thwarted Facebook-owner Meta in its bid to acquire the Singapore-based AI start-up Manus for a reported $2bn (£1.48bn).

The deal was announced in late December with the aim of integrating Manus' autonomous agents into Meta's existing AI ecosystem, enhancing its capabilities across platforms. However, Beijing's National Development and Reform Commission halted the acquisition, requiring the parties involved to withdraw the transaction.

Meta’s spokesperson stated that the company complied fully with applicable laws but anticipates an appropriate resolution to the inquiry. This development follows months of scrutiny over Meta's acquisition of Manus by Chinese regulators.

Manus distinguishes itself from other AI developers through its claim to create truly autonomous agents, capable of planning and executing tasks independently based on instructions given to them. The company’s co-founders had faced issues leaving China amid the review process, with their departure being prevented until March.