u/FeralHamster8

China's state planner asked Manus and Meta to withdraw the acquisition transaction, following the tech giant announcing a $2 billion takeover plan in December.

The deal has garnered scrutiny from both China and Washington, with Beijing launching a probe into the transaction in January.

In March, Meta told CNBC that the acquisition "complied fully with applicable law."

Alibaba Cloud held a 37% share of China’s cloud infrastructure market in Q4 2025, maintaining its lead, while revenue from AI-related products recorded triple-digit year-on-year growth for the tenth consecutive quarter. During the quarter, Alibaba Cloud continued to strengthen its AI full stack portfolio through the launch of Qwen3.5 and further enhancements to its Model Studio platform (Bailian). The latest updates expanded support for agent development and multimodal knowledge management, while adding capabilities such as long-term memory, data connectors, templates, and MCP services. These enhancements helped drive a sixfold increase in average daily token consumption for public model APIs on Model Studio over a three-month period. Alibaba Cloud also launched Wukong, an enterprise-grade AI-native agent platform, extending its model and platform capabilities into more practical enterprise AI deployment. Separately, it expanded its regional infrastructure footprint by opening its fourth data center in Japan in March.