Key facts
- Meta is canceling its $2 billion acquisition of AI startup Manus.
- China issued orders related to national security that led to the acquisition's termination.
- Manus AI will resume independent operations.
- Manus AI is required to delete certain user data.
- River AI raised $1.1 billion in seed/Series A funding.
- General Catalyst and AMP PBC led River AI's funding round.
- River AI aims to provide enterprises with custom AI tools.
- River AI focuses on training open-weight models.
- Nvidia is developing Nemotron 4, a family of open-source AI models.
- The largest Nemotron 4 model is expected to exceed 1 trillion parameters.
- Nvidia released Nemotron 3.5 Lightning, a 30 billion parameter model.
Meta is terminating its $2 billion acquisition of AI startup Manus after receiving orders from China related to national security. As a result of the separation, Manus AI will resume independent operations. The terms of the separation require Manus AI to delete certain user data.
In parallel, the AI startup River AI has successfully raised $1.1 billion in a seed/Series A funding round. This funding round was led by General Catalyst and AMP PBC. River AI's objective is to provide enterprises with tailored AI tools, with a particular emphasis on training open-weight models. The company was co-founded by Igor Babuschkin, who is also associated with xAI.
Separately, Nvidia is in the process of developing Nemotron 4, a new family of open-source AI models. The largest model within this family is expected to exceed 1 trillion parameters. Nvidia has also released Nemotron 3.5 Lightning, a 30 billion parameter model designed for agentic workflows.