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China AI startup Manus raises more than $500M after Meta deal blocked
Seeking Alpha ·
Seeking Alpha reports: AI agent startup Manus has raised more than $500M in its first funding round since Chinese regulators blocked Meta’s planned acquisition of the company. Manus parent Butterfly Effect said the round was led by Boyu Capital and IDG Capital, with existing investors Tencent , HSG, and ZhenFund also participating, according to media reports. The company did not disclose its valuation. Reports said last month that the funding round could value Manus at about $4B. The…
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Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war levelRead story summary
A supertanker was recently chartered to sail from the U.S. Gulf Coast to China for $76 million, a source familiar told CNBC, as shipping costs soar globally due to the crisis in the Middle East. The Alexandros was chartered by the trading firm Trafigura and is expected to load around Nov. 19, the source said. A normal rate for the route based on pre-war ...
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