Money and business

“Meta” acquires “Manos Artificial Intelligence” for a value exceeding two billion dollars


Company announced "MetaPlatforms"Today, Tuesday, the owner of the social networking application Facebook, it acquired a company "Manos" Specialized in developing Artificial Intelligence, as the American giant continues to diversify its investments in this field of technology.

According to the two companies, Manos will continue to operate its subscription service without interruption. While no other details of the acquisition were revealed, the newspaper reported "Wall Street Journal"Citing informed sources, the deal was concluded at a value exceeding two billion dollars.

It was launched "Manos"which was founded in China before moving to Singapore, launched its first AI conversational model earlier this year, which can perform complex tasks such as market research, programming and data analysis.

The company claimed to have generated revenues of more than $100 million just 8 months after launching the model, while its annual revenues exceeded $125 million.

She said "Dead" In a statement, the acquisition aims to accelerate companies’ AI innovation and integrate advanced automation into their consumer and enterprise products, including the Meta AI Assistant.

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