You are viewing a single comment's thread from:

RE: LeoThread 2025-05-18 06:14

in LeoFinance5 months ago

China’s viral AI agent gets major funding boost: Last month, a little-known startup called Butterfly Effect stunned everyone with Manus, a general-purpose agent that seemed to beat OpenAI and other well-resourced rivals — recalling the DeepSeek surprise from earlier this year. Now, it’s just landed $75M in new funding, bringing its valuation to $500M. But it faces some stiff competition, the latest being Simular, whose AI assistant can supposedly shop, do taxes, and scour the web alongside you.

https://www.bloomberg.com/news/articles/2025-04-25/chinese-ai-startup-manus-scores-funding-at-500-million-value