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THE DAILY INDEX

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TLDR

CHINA WARNS AI STARTUPS SEEKING TO EMULATE META DEAL: NOT SO FAST

China is reviewing Meta's recent acquisition of AI startup Manus, a warning to Chinese entrepreneurs interested in Silicon Valley riches. The review is part of broader consideration by China on how it can build fences around its AI know-how. The government is identifying standout companies and technologies with the aim of adding those of strategic importance to an export-control list. Manus' parent company was set up by Chinese co-founders in China, but it moved its headquarters to Singapore last year to expand its global user base.

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