Manus in talks to raise $500M at $4B valuation after resuming independent operations
The Wall Street Journal reports that Chinese AI startup Manus is in discussions to raise $500 million at a $4 billion valuation as it resumes independent operations. Potential investors named include IDG Capital, Boyu Capital, CATL and existing backers Tencent, HSG and Zhenfund, and Manus is reportedly weighing a restructuring ahead of a possible Hong Kong IPO.