8 hours ago
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Meta has acquired Butterfly Effect, the company behind the AI application Manus, in a deal reportedly worth tens of billions of dollars. This marks Meta’s third-largest acquisition to date, surpassed only by its purchases of WhatsApp and Scale AI.
Sources say that prior to the acquisition, Manus was raising a new funding round at a valuation of $2 billion. Liu Yuan, a partner at ZhenFund and an angel investor in Butterfly Effect, revealed that the acquisition talks were completed in a very short time frame—just over ten days.
Both Manus and Meta Platforms (META.O) released official statements on their respective websites announcing that Manus has joined Meta, though neither disclosed specific details of the transaction.
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