From Yahoo Finance: 2025-05-02 11:06:00

Manus AI, a Chinese startup, raised $75 million in funding from Benchmark, Tencent, ZhenFund, and HongShan Capital, valuing the company at nearly $500 million. The AI agent, Manus, created by Butterfly Effect, outperforms competitors like OpenAI in resume screening and stock analysis, sparking investor interest and comparisons to DeepSeek.

Manus AI’s Chief Scientist described the AI agent as revolutionary, bridging the gap between conception and execution. With a multistep problem-solving framework, Manus operates autonomously, requiring minimal human supervision. The company’s autonomy sets it apart from other U.S. and Chinese competitors, signaling a new era in AI technology.

The funding round led by Benchmark showcases confidence in Butterfly Effect’s potential, positioning Manus among top AI companies supported by leading U.S. venture capitalists. The investment will enable Manus to expand its product globally, targeting markets in the U.S., Japan, and the Middle East, reflecting the growing belief in China’s advancement in AI technology.

Despite early criticism for occasional crashes and delays, Manus AI continues to generate excitement among investors and users. The company’s aggressive pricing model, similar to OpenAI’s ChatGPT Pro, has attracted early adopters despite the product still being in testing. Manus’ rise underscores the evolving landscape of AI innovation, challenging Silicon Valley’s dominance in the field.



Read more at Yahoo Finance: Manus AI, Backed By Tencent And HongShan, Lands $75M Funding, Claims To Outperform OpenAI’s Deep Research