Meta's Dramatic Manus Acquisition Cancellation

**SPEAKER_1** (0:00)
If you want to get access to this episode and my next 30 episodes all ad free, so there'll be no ads on them, go check out my podcast, AI Chat. You can go search for that on Spotify or Apple, it's AI Chat. I'm gonna post all of these news episodes, and I'm also posting interviews, like I just interviewed the CEO of Cohere. They've raised over a billion dollars for their AI model, talking about what they're gonna be spending the money on and the direction of the AI industry, along with all of this new stuff. So if you wanna go check it out with no ads for free, it is AI Chat. Welcome to the podcast today. I have some exciting news, and aside from the fact that Meta is unwinding their two billion dollar Manus acquisition, I have some even more exciting personal news, and that is that last week my wife and I welcomed our newest member of the family. We had a healthy baby boy, his name is Clay, and it is absolutely exciting in our household. So if you're wondering why my podcast posting hasn't been super consistent over the last week, and maybe for the next week or two it might be a little spotty, I'll do my best, but I'm spending a lot of time snuggling that little guy. Currently him and mom are sleeping, so I figured this would be a good time to get a podcast episode out. But everything went incredibly well with the birth. Everyone is healthy and happy and doing great and growing. He's pooping lots, so we're pretty happy. He's now five days old. This year I turned 30 and this is our fourth kid, so we definitely have our hands full, but we feel super blessed. I always tell everyone to have as many kids as you can as soon as possible. They are the best thing about life. Let's talk about what's going on in the news. I mentioned Meta unwinding this $2 billion Manus acquisition. This is because Beijing told them that they had to divest it. By this point, we've all seen the headlines that Anthropics Fable 5 got banned over the weekend and polled, so you no longer get access to that, but it turns out that an Amazon security paper is what triggered the White House banning this. We'll get into that. Apple's Craig Fredgerski says that the new Siri is going to refuse Romantic Roleplay, so we're going to talk a little bit about where Siri is going in the future and what it can and can't be used for. Jeff Bezos' Prometheus company has just raised $14 billion at a $41 billion valuation for physical AI, and there's some interesting things being built there. And the White House says they suspect a China-linked group accessed Anthropic's Mythos model, so this isn't even their Fable 5, this is their Mythos model, and so there's some other drama falling out from there. The first thing we want to get into is the Meta story. This is absolutely crazy. I mean, this was a $2 billion acquisition, and what was interesting, just for like two seconds of context on the story, basically, it was started in China. It had a completely different name. It was like Butterfly or something like that, and then they moved it to Singapore, and I believe the CEO and the CTO were still stuck in China, although they moved the whole team to Singapore and then changed the name, and it kind of scaled, became incredibly popular. Meta acquired it because they can acquire a company out of Singapore, but I think because the CEO and the CTO were still locked down in China, they were banned from leaving. This is kind of how they got them to unwind the deal by sort of holding them hostage. It's interesting because in this particular case, when they first came out with the news telling Meta to unwind the acquisition, Meta said, we believe we have legally acquired it, we're allowed to do this, we're going to discuss this in court with them. And Meta is a company that is banned in China, like Instagram, Facebook, WhatsApp, all of their different social media platforms are banned in China because China censors the internet and stuff. And so it's interesting that they still are unwind in this deal, even though Beijing doesn't really have that much, you would assume they don't have that much sway over Meta, right? Like they can't really tell Meta what to do when they, they can't blackmail them like, hey, we're going to ban your other apps, like they don't have as much leverage. So it's interesting to me that they're still unwind in this deal. I'm assuming it probably has something to do with kind of holding the other co-founders hostage over there and probably some other things.