By the close of 2025, Meta had secured the Chinese AI company Manus (whose parent company is 'Butterfly Effect') in a multi-billion-dollar deal, marking Meta's third-largest acquisition to date. Founded by Xiao Hong, a distinguished alumnus of Huazhong University of Science and Technology, the Manus team embarked on their journey from a humble dormitory setting. They pioneered the world's first general-purpose AI Agent product, adept at orchestrating a suite of tools to tackle intricate problems. Since its inception, Manus has consistently shattered global benchmarks for user acquisition and revenue growth within the AI sector, boasting an annual recurring revenue that has soared past the $100 million mark. Post-acquisition, Butterfly Effect is set to retain its operational autonomy while forging a deep synergy with Meta's diverse product portfolio. Furthermore, founder Xiao Hong is poised to assume the role of Vice President at Meta.
