Beanie
After spending over $70 Billion at last count building AI tech that hasn’t delivered any revenue,...
129 days agoBeaniebeaniemaxi
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Meta Platforms (META) is acquiring Manus, a Chinese-founded AI startup, for over $2 billion, signaling a strategic move to monetize its substantial AI investments. This acquisition suggests Meta is prioritizing revenue-generating AI applications after spending over $70 billion on AI tech with limited returns. Investors should monitor how Manus integration impacts Meta's AI monetization strategy and future earnings.

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By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.